Trump to name hedge fund manager Scott Bessent to head Treasury Department
President-elect Donald Trump reportedly plans to nominate hedge fund manager Scott Bessent to head the Treasury Department. numerous sauce. Bessent, 62, founded the macro fund Key Square Group in 2015 and is openly gay. “I was totally rooting for President Trump. I was one of the few people on Wall Street who supported him.” President […]
Citadel founder Ken Griffin says he’s open to selling stake in hedge fund
Citadel founder Ken Griffin said Thursday that he is open to selling a small stake in the hedge fund at some point in the future. At an event hosted by the New York Economic Club, Griffin said a deal that would sell a minority stake in his market maker Citadel Securities to Sequoia and Paradigm […]
House Republicans eye FEMA fund overhaul ahead of high-stakes hearing on Helene recovery
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Banks to fund EVs, efficient homes and SMEs – DAWN.com
ISLAMABAD: As the government seeks greater financial inclusion, the banking industry has offered loans to efficient homes, electric vehicles and small and medium-sized enterprises, conditional on improved availability of consumer scorecard data. At a meeting chaired by Finance Minister Mohammad Aurangzeb, the banking industry sought support from utilities, particularly gas, electricity and telecom companies. These […]
MicroStrategy Taps Stock Market to Fund Record Bitcoin Buy – Yahoo Finance
(Bloomberg) — MicroStrategy Inc. has purchased a record $4.6 billion in Bitcoin, fulfilling a plan announced last month to use capital markets to accelerate purchases of cryptocurrencies. Most Read Articles on Bloomberg The enterprise software maker has included the purchase of digital assets in its corporate strategy, acquiring approximately 51,780 Bitcoin between Nov. 11 and […]
Post Office to close 115 branches and cut jobs to fund subpostmaster pay rise | Post Office
The Post Office says it plans to close 115 branches, putting around 2,000 jobs at risk, as part of plans to increase postal workers' pay by £250m over the next five years. The Post Office confirmed on Wednesday that it was looking to abolish the 115 branches it currently centrally owns, known as Crown Post […]
Country star Darius Rucker donates to ETSU’s NIL fund after ‘awkward’ appearance at football game
Country music star Darius Rucker has donated nearly $3,000 to the East Tennessee State Buccaneers' name, image, and likeness (NIL) fund after attending a football game that he deemed “awkward.” . Rucker's famous song “Wagon Wheel” is a national staple, especially with versions of the song played at ETSU games. The reason is that Mr. […]
How Scott Bessent Fought The Left While Working in George Soros’s Hedge Fund
Scott Bessent may be a new name to many Republicans, but he's also pushing back against a far-left political agenda from inside George Soros' hedge fund, which some conservatives would consider the belly of the beast. We have a track record of doing so. Bessent is currently one of President Donald Trump's top candidates for […]
Embattled hedge fund boss Jason Ader has been living it up in Miami while clients demand cash back
A hedge fund boss who is being sued by his biological mother over unpaid debts lives a wealthy life in Miami and pays high prices even as his employees flee and clients demand his cash back. The Post has learned that he has been on a number of vacations. In a letter to investors, Jason […]
Los Angeles Votes to Raise Sales Tax to Fund Homeless Services
Voters in Los Angeles County chose to pass Measure A, which increases sales tax by a quarter of a percent to fund homeless services. The referendum, which until recently was considered questionable, passed It has received 57% support. CalMatters.org reported (emphasis in original): Measure A,In other words Leading in the number of votes counted so […]