Former Trump Treasury official: 'Do not underestimate' Ocasio Cortez in 2028
A former Trump finance official on Friday warned Republicans not to “underestimate” Rep. Alexandria Ocasio-Cortez of New York, citing her accessibility to voters through social media and her “grassroots support.” ”. “She was an early adopter of social media, so…she's connected directly to voters,” Monica Crowley, who served as Treasury Department spokeswoman during the first […]
Trump’s Treasury nominee faces a tough balancing act
Among Donald Trump's cabinet appointments, the most important for investors is the Secretary of the Treasury, who will guide Trump's economic policy. Scott Bessent is well-qualified for the role and was considered the front-runner for the position following the election. However, he had to win “Knife Fight”According to the Wall Street Journal, he was able to […]
FACT CHECK: Did An Army Lieutenant Colonel Resign Over Trump’s Treasury Nominee?
Post Shared by X An Army lieutenant colonel has reportedly resigned over President-elect Donald Trump's Treasury Secretary nominee Scott Bessent. https://t.co/OgVa7MxPNmWhite Hat Council member resigns over Trump nominationbymichael baxterNovember 25th and 24th A White Hat Council member has resigned from the committee in protest of President Donald J. Trump's nomination of a “Soros stooge” to […]
Dow jumps on Treasury pick Scott Bessent’s promise to slash taxes
The Dow Jones Industrial Average rose nearly 400 points on Monday after President-elect Donald Trump's nominee for Treasury secretary, Scott Bessent, laid out his priorities, including tax cuts. In my first interview as a Treasury candidate wall street journalBessent said he would also focus on imposing tariffs, cutting spending and keeping the U.S. dollar as […]
Warren warns Trump Treasury pick not to interfere with Federal Reserve
Sen. Elizabeth Warren (D-Mass.) urged billionaire investor Scott Bessent, President-elect Trump's nominee for Treasury secretary, not to interfere with the Federal Reserve. “While I have been a vocal critic of Fed Chairman Jerome Powell's extreme rate hikes and lack of transparency, I have never questioned that it is his job to make those decisions,” Warren […]
Stocks and Bonds Rally On Trump’s Treasury Pick
US financial markets on Monday welcomed Donald Trump's nomination of financier Scott Bessent as Treasury secretary. Stocks rose on the first trading day following Trump's nomination announcement on Friday. The Dow Jones Industrial Average rose 475 points, or about 1%. The S&P 500 rose about six-tenths of a percent. The Nasdaq Composite Index also rose […]
Stock market today: World shares mostly gain after Trump picks billionaire for Treasury post – Yahoo Finance
NEW YORK (AP) — U.S. stocks were on track for a record rally Monday, adding to last week's gains. As of 10:30 a.m. ET, the S&P 500 was up 0.6%, just above its all-time high reached two weeks ago. The Dow Jones Industrial Average beat its own record set on Friday by 503 points, or […]
Stocks, Bonds Rise as Traders Cheer Treasury Pick: Markets Wrap – Yahoo Finance
(Bloomberg) – Stocks and Treasuries rose as traders hailed Donald Trump’s nomination of Scott Bessent as Treasury Secretary as a prudent choice that will bring more stability to the U.S. economy and financial markets. Most Read Articles on Bloomberg Europe's Stoxx 600 index rose 0.3% as US stock futures rose. The positive atmosphere continued from […]
Blockchain Association wants Trump to replace SEC, IRS, and Treasury leaders – CryptoSlate
The Blockchain Association, a nonprofit organization representing cryptocurrency and blockchain businesses in the United States, letter Friday to President-elect Donald Trump and Congress. In a letter signed by Blockchain Association CEO Kristin Smith, the association outlined five priorities for the Trump administration's first 100 days. While the entire cryptocurrency industry is calling for the removal […]
Trump taps Scott Bessent for high-stakes Treasury chief: What to know
President-elect Trump on Friday selected Scott Bessent, the billionaire investor who continues to push for higher tariffs and a major shift in global trade activity, to be his Treasury secretary. Mr. Bessent made a profit as the founder of the hedge fund Key Square Group, which helped finance Mr. Trump's second campaign after decades of […]