Bessent Replaces Acting IRS Commissioner in Musk Power Struggle

Treasury Secretary Scott Bessent appointed his deputy, Michael Faulkender, as the next acting commissioner of the…

Bessent Pushes Banks for Help Enforcing Maximum Pressure on Iran

(Bloomberg) — Treasury Secretary Scott Bessent told officials from some of the world’s biggest banks that…

Bessent Is Stealing a Playbook He Didn’t Even Like

(Bloomberg Opinion) — Before he became President Donald Trump’s Treasury secretary, Scott Bessent openly criticized his…

Trump Fires Early Warning Shot at Dollar’s Would-Be Challengers

Donald Trump has jumped straight into action as the defender of dollar power, training some heavy…

Wall St closes higher; small-caps hit record high after Trump nominates Bessent

Barclays raises full-year S&P 500 forecast Bond yields drop as Bessent’s move seen easing fiscal concerns…

A Hedge Fund Manager Should Be Able to Run Treasury

(Bloomberg Opinion) — A big theme in finance over the past two decades has been a…

Musk Throws Support to Lutnick Over Bessent in Treasury Race

Billionaire Elon Musk voiced support for Howard Lutnick in the race to be President-elect Donald Trump’s…

Trump’s Treasury pick: Lutnick now a top contender alongside Bessent, sources say

Lutnick and Bessent are top contenders for Treasury Secretary Trump’s picks for key roles are loyalists…

Treasury Secretary Yellen said, America can default by June 1

Last Update: May 02, 2023, 04:00 IST In January, Yellen sent a letter to congressional leaders,…

US sanctions could put dollar hegemony at risk, says Treasury Secretary Yellen

Last Update: April 17, 2023, 02:03 IST Yellen said that sanctions are an extremely important tool,…