Trump’s Treasury Pick Wants Shadow Fed Chair, Maybe Weak Dollar
Bessent doesn’t seem to disagree with Trump, and even criticized the Fed himself in September after its jumbo rate cut. “If you were concerned about the integrity of the institution, you would not have done it. You especially would have not done a ...
What to Know About Scott Bessent, Trump's Pick for Treasury Secretary
President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary
Trump picks Scott Bessent, financier who embraced MAGA, for Treasury
Scott Bessent, who prevailed after an intense lobbying effort by his allies, emerged over the past year as a trusted Trump adviser.
Trump taps hedge fund manager Bessent to lead Treasury
President-elect Donald Trump has picked Scott Bessent, a hedge fund manager and major Trump fundraiser, to be his next Treasury secretary, people familiar with the decision said. Bessent, who has been among Trump’s biggest allies on Wall Street,
Trump’s Treasury Selection Seen as Calming for Investors
Trump on Friday said he had chosen Bessent, a prominent investor, as Treasury secretary, a key cabinet position with vast influence over economic, regulatory and international aff
Trump chooses Bessent for treasury secretary, Vought for budget director
President-elect Donald Trump on Friday announced hedge fund manager Scott Bessent as his choice for treasury secretary and first-term official Russell Vought to head the Office of Management and Budget.
Trump Nominates Hedge Fund Chief Bessent to Lead US Treasury
President-elect Donald Trump said he is nominating Scott Bessent, who runs macro hedge fund Key Square Group, as the next US Treasury Secretary, enlisting a key adviser to manage the sweeping economic agenda he has vowed to enact in a second term.
'They are fed up': Dem mayor's office demands solution on key issue after voters sent 'resounding message'
In response to the Biden administration loosening key immigration restrictions, New York City Mayor Eric Adams sounded off on ...
Bloomberg L.P.1d
US Debt Load Tops Fed’s Survey of Financial Stability Risks
“Concerns surrounding US fiscal debt sustainability were atop the list this survey, followed by escalating tensions in the ...
Fed survey finds inflation fading as a risk next to debt, trade wars
President-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov. 5 election victory ...
Fed Plans to Review Its Approach Next Year
Depending on whom you ask, the Federal Reserve has done an admirable job of wrestling inflation back under control, or ...
Bloomberg L.P.9h
ECB Can Lower Rates Independent of Fed Moves, Villeroy Says
“The decisions we make at the ECB with Christine Lagarde are independent of those of the Fed,” the French central banker ...
The Fed should sell its 70s-era gold stockpile and buy bitcoin to establish a crypto reserve, Sen. Cynthia Lummis says
The US government already owns 203,000 bitcoin worth nearly $21 billion, which it acquired mainly through asset forfeitures.
New York Fed paper challenges notion of discount window stigma
The banks most reluctant to tap the U.S. central bank's discount window to shore up their capital are in fact those who face ...
Fed’s Williams Sees Inflation Cooling and Interest Rates Falling Further
John Williams, who heads the Federal Reserve Bank of New York, expects the economy to grow by about 2.5% next year.
Markets think the odds of a Fed pause in December are rising
Traders see 45% odds of a Fed pause in December, up from 17% last week as markets digest a win for Trump and cautious remarks ...
Wall Street Journal1d
The Fed Is Planning to Review Its Approach Next Year
Fed Chair Jerome Powell last week. (Shelby Tauber/Bloomberg News) Depending on whom you ask, the Federal Reserve has done ...
Fox News on MSN10h
Fed is making it ‘very clear’ that they will not touch rates next month, expert predicts
Fed is making it ‘very clear’ that they will not touch rates next month, expert predicts SlateStone Wealth chief market ...