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Russia, Scott Bessent and Federal Reserve System
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 pick Bessent backs US Fed independence, dollar, sanctions on Russian oil
Mr Scott Bessent is a hedge fund manager and founder of Key Square Capital Management. Read more at straitstimes.com.
US Treasury nominee backs Fed independence, dollar, Russia sanctions
U.S. President-elect Donald Trump's nominee for Treasury secretary said on Thursday that the dollar should continue to be the world's
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1d
Russia's international reserves up to $609.5bn in 2024, but the NWF down by over a trillion rubles to RUB3.8 trillion
Russia's international reserves were reported at $609.5bn as of January 3, a fall of $1.8bn from the previous week but up ...
1d
on MSN
As Biden warns of an ‘oligarchy,’ Trump will be flanked by tech billionaires at his inauguration
Biden’s use of the word “oligarchy” was no accident — it’s a direct reference to the form of government in Russia, whose ...
3d
Kremlin says EU sanctions on Russian aluminium would risk destabilising a 'fragile' global market
The Kremlin said on Wednesday that European Union sanctions on imports of Russian primary aluminium would risk destabilising ...
3d
on MSN
Russia is on pace to run out of financial reserves by this fall, which would cripple war efforts, economist says
Russia has spent most of its National Wealth Fund in the past few years, with liquid funds potentially being depleted in 2025 ...
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