Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil
President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent, and that he is ready to impose tougher sanctions on Russia's oil sector.
Trump Treasury nominee Bessent says U.S. dollar must remain world's reserve currency
There's a lot of speculation around how the incoming Trump administration will approach the U.S. dollar. Hedge-fund manager Scott Bessent, President-elect Donald Trump's nominee to head the Treasury Department,
Trump Treasury Pick Bessent Faces Senate Grilling on Taxes, Trade, Deficits
President-elect Donald Trump's pick for Treasury secretary, hedge fund manager Scott Bessent, vowed to maintain the dollar's status as the world's reserve currency as he prepared to face questions from U.
Trump’s Treasury Pick Will Face Grilling on Taxes, Tariffs, Sanctions and More
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.
Bessent to say dollar must remain reserve currency, praise Trump on trade
Bessent plans to emphasize the dollar's key role in the world and talk up Trump's approach to trade policy, according to excerpts of his prepared remarks released by Trump's transition team. He's due to say American officials "must ensure that the U.
Vance hosts top-dollar fundraiser ahead of Trump inauguration
Vice President-elect JD Vance hosted a top-dollar fundraiser in Palm Beach, Florida that attracted some of the top figures ...
Analysis-Dollar rules as investors eye Trump's economic policies
U.S. President-elect Donald Trump's imminent return to the White House and fading hopes for aggressive interest rate cuts ...
Dollar’s ‘Wrecking Ball’ Days Return Along With Donald Trump
Goldman Sachs is hardly alone in predicting a further 5% jump in the dollar this year. Commodity Futures Trading Commission ...
Bessent Will Say Dollar’s Status Is Critical to US Economy
Maintaining the dollar as the world’s reserve asset is critical to US economic health and the nation’s future, Scott Bessent, ...
US exceptionalism turns dollar into global problem
King Dollar, meet the Donald. After lording over most major currencies for the past three years, the greenback is likely to ...
The surging dollar will separate the winners and losers this earnings season
A stronger dollar is typically associated with higher dispersion during earnings season, Morgan Stanley's Mike Wilson says.
'Million Dollar Listing' star Josh Flagg raises alarm about illegal price gauging
Josh Flagg spoke to Fox News Digital and addressed concerns over illegal price gouging within the rental and housing market.
GM inks multibillion-dollar deal for synthetic battery materials that would bypass China
Once Norway's Vianode launches production in North America, the deal will run through 2033. The new plant could be in the U.S ...
2025: Agentic And Physical AI — A Multitrillion Dollar Economy Emerges
We are entering a new era where individuals and businesses will interact with and manage a network of AI agents.
The U.S. dollar has never been stronger, by one measure. That could create problems for investors.
As President-elect Donald Trump prepares to return to the White House, the U.S. dollar has, by some measures, never been ...