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.
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.
U.S. Hits Sudan’s Leader With Sanctions Over Brutal Civil War
The U.S. imposed sanctions on Sudan’s de facto president, Lt. Gen. Abdel Fattah al-Burhan, as punishment for the brutal ...
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 ...
‘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 ...
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 ...
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 ...
Kyrgyz Lender Keremet Bank to Appeal After Being Hit With US Sanctions
"The bank will apply to OFAC (U.S. Office of Foreign Assets Control) to appeal," Keremet Bank said in a statement. "Keremet ...
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 ...
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 ...
Trump’s Treasury Pick Will Face Grilling on Taxes, Tariffs, Sanctions and More
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.
UN human rights chief calls for lifting Western sanctions on Syria as country rebuilds after Assad
The United Nations human rights chief has called for the lifting of Western sanctions imposed on Syria over its yearslong ...
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 ...