Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts
Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.
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How Trump can avoid repeating Biden’s biggest economic and foreign policy blunders
Effective governance and caretaking the economy are best served by the golden mean — moderation in all things.MarketWatch - 14h -
Files shed light on notorious spies — and how the queen was kept in the dark
Members of the spy ring in the 1930s spilled secrets to the Soviet Union from the heart of the U.K. intelligence establishment.CBS News - 1d -
Confirmation hearing for Trump's VA secretary pick delayed
The confirmation hearing for President-elect Trump's pick for the next the secretary of Veterans Affairs, former Rep. Doug Collins (R-Ga.), has been delayed by a week until Jan. 21. Sen. Jerry ...The Hill - 1d -
Are 1-ounce gold bars liquid assets?
Liquidity matters when you're determining what assets to add to your portfolio — and that includes precious metals.CBS News - 1d -
Here's the confirmation hearing schedule for Trump's Cabinet picks
President-elect Donald Trump's nominees for top posts in his administration are gearing up for their Senate confirmation hearings, which kick off this week.CBS News - 1d -
Confirmation hearings for Trump Cabinet picks begin this week
Several of President-elect Donald Trump's picks for his incoming administration will have their Senate confirmation hearings this week, beginning Tuesday with Trump's controversial choice for ...CBS News - 2d -
Confirmations for Trump's controversial cabinet picks set to begin
President-elect Donald Trump's controversial picks are set to undergo confirmation hearings this week, as preparations for Trump’s Jan.20 inauguration ramp up. Over the course of four days, ...NBC News - 2d -
Bessent to divest from assets on road to leading Treasury
President-elect Trump’s Treasury Secretary pick Scott Bessent has plans to divest from funds and other investments as he prepares to take over as the country’s top economic official. In an ...The Hill - 2d -
Confirmation hearings for Trump's Cabinet picks begin this week
Confirmation hearings for President-elect Donald Trump's Cabinet nominees are set to begin Tuesday. Senators will get a chance to directly question Trump's picks, including Pete Hegseth, his ...CBS News - 2d -
Jamie Dimon on the economy, billionaires, and income inequality
The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...CBS News - 2d -
Should You Consult H.R. About a Conflict With Your Manager?
Don’t count on human resources to take your side in a workplace issue, especially if it involves a conflict with your boss.The New York Times - 4d -
NATO takes over key asset before start of Trump term
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story NATO takes over Polish air defenses from United States The ...The Hill - 4d -
Trump becomes first president to be a sentenced felon but avoids jail time or fines in hush-money trial – live
President-elect claims historic case was ‘despicable charade’; judge says ‘unconditional discharge’ does not ‘reduce the seriousness of the crime’. Full report: Trump avoids punishment ...The Guardian - 4d -
Trump avoids prison or fine in hush-money case sentencing
Donald Trump will still take office as the first US president with a felony conviction.BBC News - 4d -
12:30 Report — Trump avoids jailtime, fine in hush money case
📱Plus: Supreme Court considers TikTok’s fate. {beacon} 12:30 REPORT It’s finally Friday. The Washington, D.C., area may get another 1-2 inches of snow tonight! ❄️☃️ Ah, this is reminding me of ...The Hill - 4d -
Trump sentenced to unconditional discharge in New York hush money case, avoiding jail
The "unconditional discharge" sentence comes 10 days before Donald Trump is due to be sworn in for a second nonconsecutive term in the White House.CNBC - 4d -
Trump avoids punishment for hush-money conviction and calls case ‘terrible experience’
President-elect, who was found guilty of committing 34 felonies, sentenced to unconditional discharge in New York. Trump hush-money sentencing – latest updates Donald Trump will avoid jail ...The Guardian - 4d -
Supreme Court narrowly rejects Trump's last-ditch bid to avoid hush money sentencing
The U.S. Supreme Court has narrowly denied Donald Trump’s request to delay his criminal hush money sentencing, Friday in New York.ABC News - 5d -
Supreme Court Denies Trump’s Bid to Avoid Sentencing in Hush-Money Case
After the court declined in a 5-to-4 decision to block Donald J. Trump’s criminal sentencing, he is scheduled to face a New York judge on Friday morning.The New York Times - 5d -
Scott Burton’s Civic Engagement and Eroticism Merge at the Pulitzer
Paradigm-shifter for public art in the ’80s, groundbreaking (and openly queer) performance artist in the ’70s, Burton showed new ways of connecting.The New York Times - 6d -
Pentagon sending assets to California to battle wildfires
The Defense Department is sending additional assets to California to assist with the massive wildfire spreading across Los Angeles and the southern part of the state. Pentagon deputy press ...The Hill - 6d -
Bitcoin drops below $97,000 as Treasury yields pressure risk assets
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.CNBC - Jan. 7 -
Raskin: Democrats 'going to be in good shape to exploit' GOP conflicts
Rep. Jamie Raskin (D-Md.) said Monday that his party is well positioned to benefit from GOP conflicts in the House during the new Congress, with Republicans in control of both chambers. “I think ...The Hill - Jan. 7 -
Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers
President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in ...MarketWatch - Jan. 7 -
Will flattery get you everywhere with Donald Trump? Billionaires are determined to find out | Arwa Mahdawi
The US has been for sale to the highest bidder for some time, while democracy dies in plain sight. The difference now? How shamelessly transactional the incoming president is. Reader, I was wrong. ...The Guardian - Jan. 7 -
Ethiopians celebrate Christmas as natural calamities and conflict take their toll
Yahoo News - Jan. 7 -
30-year Treasury yield ends at highest since November 2023 after report of Trump tariff plans
Yields on U.S. government debt finished mostly higher on Monday as traders focused on a report about President-elect Donald Trump’s plans for applying tariffs.MarketWatch - Jan. 6 -
Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
There had been speculation that Trump might replace Barr after he takes office Jan. 20.CNBC - Jan. 6 -
Maga vs the billionaires
Trump’s fragile coalition is already splintering over immigrationFinancial Times - Jan. 6 -
Washington Post cartoonist quits after drawing of Bezos, other billionaires with Trump is rejected
A Washington Post cartoonist has quit her role at the paper, saying that her bosses blocked publication of a satirical cartoon that depicted billionaires, including one resembling Post owner Jeff ...NBC News - Jan. 5 -
Washington Post cartoonist quits after drawing of Bezos, other billionaires with Trump rejected
A rough sketch of the cartoon shows several men resembling corporate billionaires kneeling before a man wearing a suit and a long tie, representing Trump.CNBC - Jan. 5 -
Thune says it’s unclear whether all Trump Cabinet picks will be confirmed
New Senate Majority Leader John Thune (R-S.D.) said it’s unclear if all of President-elect Trump’s Cabinet picks will be confirmed. Thune joined NBC News’s “Meet the Press” for an interview that ...The Hill - Jan. 5 -
House Republicans Pledge Drilling and Make It Easier to Shed Federal Land
The newly elected Speaker said the party would make it a priority to “restore America’s energy dominance.”The New York Times - Jan. 3 -
Trump team blasts 'deeply conflicted' judge for letting NY sentencing move forward
President-elect Trump's team lambasted the judge in his New York criminal case for rejecting his demand the case be thrown out following his election victory and setting a sentencing date for next ...The Hill - Jan. 3 -
Thune says Trump's picks deserve a fair confirmation process
When asked whether Senate Republicans would oppose some of President-elect Donald Trump's picks for his Cabinet and second term, new Senate Majority Leader John Thune tells "Face the Nation with ...CBS News - Jan. 3 -
Scott becomes longest-serving Black senator
Sen. Tim Scott (R-S.C.) has become the longest-serving Black senator in U.S. history, as the 119th Congress begins on Friday. Scott was appointed to the Senate in 2012 by then-Gov. Nikki Haley (R) ...The Hill - Jan. 3 -
Trump announces new treasury and ambassador nominees
President-elect Trump announced several appointments for his Treasury Department and choices for ambassadors for two European countries. In multiple Thursday Truth Social posts, Trump outlined who ...The Hill - Jan. 3 -
Will 2025 be the year for plain vanilla ETFs or private assets?
After healthy returns from US equities, investors are being warned the era could end, and unlisted securities could be the answerFinancial Times - Jan. 2
More from The New York Times
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Jeffrey Epstein’s Estate Got a $112 Million Tax Refund
The estate’s assets have swelled to $145 million, a probate court filing in the U.S. Virgin Islands shows. Much of that won’t make its way to Mr. Epstein’s victims.The New York Times - 4h -
Russell Vought Poised to Expand Power of White House Budget Office
If confirmed, Mr. Vought will be at the center of President-elect Donald Trump’s plans to upend the federal bureaucracy.The New York Times - 4h -
Who Will Succeed Jamie Dimon? Contenders Narrow After JPMorgan Names Jennifer Piepszak as C.O.O.
Jennifer Piepszak will become chief operating officer of JPMorgan, and said she would not seek the chief executive’s job. The current C.O.O., Daniel Pinto, plans to retire.The New York Times - 16h -
Can the Only Grocery Store in a Rural Michigan Town Stay Independent?
The owners of Honor Family Market are ready to retire. A buyer would face the tight margins of a small business and competition against the giant chains and discount stores.The New York Times - 1d -
Elon Musk, Mark Zuckerberg and Jeff Bezos to Attend Trump’s Inauguration
Billionaire business leaders, including Mark Zuckerberg, Jeff Bezos and Elon Musk, plan to make prominent appearances at Donald Trump’s inauguration next week.The New York Times - 34m
More in Business
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JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - 2m -
Core inflation rate slows to 3.2% in December, less than expected
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.CNBC - 4m -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - 8m -
Stocks and bonds rally after US price pressures ease
Headline inflation rises to 2.9% for December but closely watched core figure dips unexpectedlyFinancial Times - 9m -
Microsoft launches consumption-based 365 Copilot Chat option for corporate users
Microsoft is providing an alternative to the Microsoft 365 Copilot, which has gained some commercial adoption at $30 per user per month.CNBC - 12m