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Trump’s pick to lead the Treasury Department backs tariffs and extended tax cuts during confirmation hearing
South Carolina billionaire investor and hedge-fund manager Scott Bessent faced questioning on Capitol Hill Thursday during his Senate confirmation hearing to be the country’s next treasury secretary.
Donald Trump’s Treasury pick says unwinding tax cuts would spark ‘economic calamity’
Scott Bessent also tells US senators in heated confirmation hearing that he backs tougher sanctions on Russian oil ...
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FX Daily: All eyes on Monday’s inauguration
Markets may tread carefully today ahead of Monday’s inauguration of President Trump. There are lingering concerns about the ...
JP tech pares gains seen following TSMC capex guidance, China achieves 2024 GDP target
Asia Market Update: JP tech pares gains seen following TSMC Capex guidance; China achieves 2024 GDP target; Quieter day for ...
CNBC Daily Open: China’s GDP meets official target, Apple has worst day in months
China's economy grew in line with official targets. Meanwhile, the drop in Apple shares Thursday broke a three-day winning ...