Treasury Secretary News

Bessent Advocates for Stronger Sanctions on Russia Amid Ukraine Conflict

Scott Bessent, nominated for Treasury Secretary, supports stronger sanctions against Russia, focusing on its oil sector. He criticizes current sanctions as inadequate and influence...

Bessent Assures No US Debt Default if Confirmed as Treasury Secretary

Scott Bessent, Trump's nominee for Treasury Secretary, assured that the US will not default on its debt if he is confirmed. He supports removing the debt limit, a stance criticized...

Trump's Treasury Nominee Emphasizes the Importance of Dollar's Global Reserve Status Amid Economic Challenges

Scott Bessent, Trump's Treasury nominee, stresses the importance of maintaining the U.S. dollar's global reserve status amidst economic challenges, including an affordability crisi...

Senate to Grill Trump's Treasury Nominee Bessent in High-Stakes Hearing on January 16

The US Senate Finance Committee is set to hold a confirmation hearing for Scott Bessent, President-elect Donald Trump's Treasury Secretary nominee, on January 16. The hearing follo...

Bitcoin Surges Above $97K: What's Driving the Rally?

Bitcoin rallied past the $97,000 mark on Wednesday, rebounding from a temporary pullback earlier this week. The retreat was likely driven by investor profit-taking as the digital a...