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SCOTT BESSENT RESIGNATION
Dollar hits one-year high on Fed hike bets; yen nears 40-year lowThe US dollar surged to a year-high on Tuesday, driven by expectations of a more aggressive Federal Reserve and ongoing Middle East uncerta...- Dollar firms on hawkish Fed bets, oil rebound; yen near 40-year lowThe US dollar strengthened Tuesday, driven by expectations of a more aggressive Federal Reserve and a rebound in oil prices. Elevated US Tr...
- Trump picks inexperienced ally Bill Pulte to replace Tulsi Gabbard as top US intelligence officalPresident Donald Trump has appointed Bill Pulte, a loyalist housing official, as the new head of US intelligence. Pulte, who lacks national...
- Fed nominee Kevin Warsh's financial disclosures point to over $100 million in assetsKevin Warsh, the former Federal Reserve governor chosen by President Donald Trump to lead the central bank, has submitted financial disclos...
- Bessent says Trump weighing four candidates to succeed PowellU.S. Treasury Secretary Scott Bessent said President Trump is weighing four strong contenders to succeed Fed Chair Jerome Powell, following...
- Global finance chiefs wait for cues from a Trump-Xi summitGlobal economic outlook hangs in the balance. Finance chiefs await a potential meeting between US President Donald Trump and Chinese Presid...
- Trump removes Billy Long as IRS commissioner, giving him the shortest-ever tenure in the roleBilly Long is no longer the IRS commissioner. President Donald Trump removed him after a short tenure. He is now nominated as ambassador to...
- POTUS narrows fed chair choice down to four, bessent opts outPresident Trump has narrowed his Federal Reserve chair candidates to four, excluding Treasury Secretary Scott Bessent, who prefers to remai...
- Trump administration not in a rush to replace Powell, Treasury chief Bessent saysTreasury Secretary Scott Bessent stated the Trump administration is not hurrying to nominate a new Federal Reserve Chair to succeed Jerome ...
- Dollar holds losses against yen after Trump announces Japan trade dealThe dollar weakened against the yen after President Trump announced a trade deal with Japan, involving a $550 billion investment into the U...
- Summers says Bessent right to question Fed on ‘overreach’Lawrence Summers supports Treasury Secretary Scott Bessent's scrutiny of the Federal Reserve's non-monetary policy activities, highlighting...
- US Treasury's Bessent calls for review of Fed non-monetary policy operationsTreasury Secretary Scott Bessent criticizes the Federal Reserve's expanding role beyond monetary policy, arguing it threatens the Fed's ind...
- Jerome Powell’s job on the line? Scott Bessent confirms Fed chair replacement process is underwayThe search for a new Federal Reserve chair is on. Treasury Secretary Scott Bessent confirms the process to replace Jerome Powell is underwa...
- Trump says he won't appoint anyone to Fed who doesn't back rate cutsDonald Trump insists on appointing a Federal Reserve head who will lower interest rates. He criticizes current chair Jerome Powell's perfor...
- Elon Musk's days may be numbered with the Trump administration as his conflicts with cabinet members grow by the hour; here's the latest friction pointElon Musk and the Trump administration are facing tensions. This is regarding leadership changes at the IRS. Trump appointed Gary Shapley a...
- Trump ousts IRS chief just days after appointing him amid feud between Elon Musk and Scott BessentPresident Donald Trump has replaced the acting IRS commissioner Gary Shapley just days after he appointed him amid the ongoing feud between...
- US IRS chief quits after immigration data-sharing dealThe IRS is facing turmoil as acting head Melanie Krause plans to resign following a controversial data-sharing agreement with Homeland Secu...
- Donald Trump's tariffs spark panic inside the White House as Treasury Secretary Scott Bessent reportedly wants to quit amid market mayhemAs the global economy braces for potential further escalations, all eyes remain on how Trump’s policies will shape the financial landscape ...
- US Treasury official retires after dispute with Elon Musk’s allies over payment system access: ReportSenior US Treasury official David Lebryk announced his retirement on Friday through an email to colleagues, marking the end of decades of f...
- Trump Treasury pick Scott Bessent to divest assets to avoid conflicts, NY Times reportsScott Bessent, picked by President-elect Trump for Treasury secretary, will divest from multiple financial interests. He will shutter his i...
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