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Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut.
Bessent calls for stronger Russia sanctions at treasury confirmation hearing
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
Trump Treasury Nominee Scott Bessent: More Sanctions Could Bring Russia "To The Table" On Ukraine
Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is "perplexed" that the Biden administration did not impose more sanctions and tariffs on Russia's economy.
Treasury secretary hearing: Trump pick Scott Bessent to face questions on tariffs, tax cuts and more
Follow along with MarketWatch's live coverage of the Senate confirmation hearing for Scott Bessent, President-elect Donald Trump's nominee for Treasury secretary.
Scott Bessent hearing live: Donald Trump’s nomination for Treasury secretary faces Senate committee
The Scott Bessent hearing will give US Senators their first chance to drill down into Donald Trump’s economic policies — which the President-elect has dubbed “Maganomics”. So far Maganomics has been heavy on headlines and light on detail.
Treasury Secretary Pick Scott Bessent Says Trump Could Bring ‘New Economic Golden Age’
The fund manager will face senators at a confirmation hearing on Thursday.
2h
on MSN
U.S. puts sanctions on Sudan’s military chief, citing civilian suffering
The Biden administration takes action against Gen. Abdel Fattah al-Burhan, accusing Sudan’s leaders of “blatant disregard of ...
10h
Exclusive: U.S. to impose sanctions on Sudanese leader Burhan
Sudanese leader and army chief Abdel Fattah al-Burhan will be hit with sanctions by the United States on Thursday, three ...
4h
on MSN
Trump Team Readies Oil Sanctions Plan for Russia Deal, Iran Squeeze
Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine ...
3h
New US sanctions target Sudan's warring military leader
The U.S. has imposed sanctions on the leader of Sudan’s military in a devastating war that is spreading famine in that ...
8h
Oil retreats slightly after boost from US crude draw, Russia sanctions
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...
10h
‘This wasn’t on my bingo card’: shock over last-minute Biden sanctions deal with Cuba
Hundreds of prisoners set to be released as part of agreement with outgoing Biden administration that removes Cuba from ...
3h
on MSN
U.S. Hits Sudan’s Leader With Sanctions Over Brutal Civil War
Biden administration last week penalized a Sudanese rebel group of committing genocide.
1d
on MSN
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...
4h
on MSN
Bessent open to increasing sanctions on Russia
Treasury Secretary-nominee Scott Bessent told senators Thursday that he would be “100 percent on board” with increasing ...
8h
Tanker under US sanctions discharges oil at Chinese port, LSEG data shows
A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...
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