Trump Would Not Weaken the Dollar Says Adviser Scott Bessent
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Limit foreign political donations, says UK government’s ethical adviser
Call comes after reports that Elon Musk could make large gift to Nigel Farage’s Reform UKFinancial Times - 1d -
Trump campaign adviser calls new UK ambassador a 'moron'
Lord Peter Mandelson will be the UK's next ambassador to the US, an appointment he describes as "a great honour".BBC News - 1d -
Gingrich says Trump would be 'better off' if government shuts down
Former House Speaker Newt Gingrich (R-Ga.) suggested President-elect Trump would be "better off" letting the government shut down. "I think that President Trump would be much better off to let the ...The Hill - 1d -
Mandelson slammed as ‘moron’ by Trump adviser after being named US ambassador
Criticism from Chris LaCivita, the campaign strategist who helped secure former president’s re-electionFinancial Times - 1d -
Ontario's premier says Trump's tariffs would be a disaster for US markets
The premier of Canada’s most populous province says President-elect Donald Trump’s plan to impose sweeping 25% tariffs on all Canadian products would be a “disaster” that would hurt U.S. stock marketsABC News - 3d -
Trump adviser Peter Navarro says small-cap stocks’ rally will continue
Stock markets have welcomed the news of President-elect Donald Trump’s victory last month, but small-cap stock investors may have reason to be even more optimistic.MarketWatch - 4d -
SoftBank and Big Tech flash corporate dollars at Donald Trump
Also in today’s newsletter, the fallout from ABC News’s $15mn defamation settlement with the president-electFinancial Times - 4d -
FirstFT: Dollar set to extend Trump rally, says Wall Street
Also in today’s newsletter, Argentina emerges from recession and how US money managers are challenging European peersFinancial Times - 4d -
Wall Street bets Trump will fuel further dollar gains
US president-elect unlikely to get his wish of a weaker currency, according to analysts and investorsFinancial Times - 4d -
Trump Says He Would Consider Pardoning Eric Adams
President-elect Donald J. Trump’s comment reflects an unusual relationship that Mr. Adams, the New York mayor, has encouraged as his federal corruption trial nears.The New York Times - 5d -
Key union vows to fight back after Trump says he would end remote work for federal employees
The union representing thousands of federal workers said it would fight any effort by President-elect Donald Trump to block a Biden administration agreement allowing thousands of federal workers to ...NBC News - 5d -
Trump says he would consider pardoning NYC Mayor Eric Adams
President-elect Donald Trump made the remarks about NYC Mayor Eric Adams at Mar-a-Lago after an announcement by Softbank CEO Masayoshi Son.CNBC - 5d -
Trump says he would consider pardoning Eric Adams
President-elect Trump on Monday said that he would consider a presidential pardon for indicted New York City Mayor Eric Adams (D), who was indicted in September on criminal charges stemming from a ...The Hill - 5d -
Trump Adviser Wants Stiffer Penalties for Cyber Attackers
Rep. Mike Waltz, tapped to head the National Security Agency, wants organized hacking groups like Salt Typhoon to pay a high price for their assaults.Inc. - 5d -
Trump says he would consider pardoning New York mayor Eric Adams
US president-elect also threatens legal action against Biden administration over sales of unused border wall parts. President-elect Donald Trump on Monday said in a far-ranging news conference ...The Guardian - 5d -
Trump’s tricky dollar problem
The president-elect might want a weaker US currency but market forces are pushing in the other directionFinancial Times - Dec. 13 -
Scott Bessent, Trump’s Treasury Pick, Is Poised to Test ‘Three Arrows’ Economic Strategy
Scott Bessent’s “3-3-3” plan to stimulate growth, reduce the deficit and expand oil production will soon face economic realities.The New York Times - Dec. 13 -
Trump’s Pick as Mideast Adviser, Massad Boulos, Is a Truck Salesman
The lore around Massad Boulos, Tiffany Trump’s father-in-law, is that he is a billionaire dealmaker. Records show otherwise.The New York Times - Dec. 12 -
Ossoff says Greene in Senate would be 'disaster for the country'
Sen. Jon Ossoff (D-Ga.) warned on Wednesday that a successful Senate run by Rep. Marjorie Taylor Greene (R-Ga.) would be "a disaster" for the nation. Ossoff is set to defend his seat in the 2026 ...The Hill - Dec. 12 -
Fed Chair Jerome Powell can serve remainder of term, says Trump’s Treasury pick Bessent
President-elect Donald Trump's pick for Treasury secretary said Federal Reserve Chair Jerome Powell could serve out his term.CNBC - Dec. 11 -
Biden Says Trump’s Tax Cuts and Tariffs Would Be ‘a Major Mistake’
The president also said his successor would face blowback from the Republican Party if he tried to unwind the Biden agenda.The New York Times - Dec. 10 -
Scott Bessent, Trump’s Pick for Treasury Secretary, Doesn’t Fit His Loyalist Mold
A hedge-fund titan who worked for George Soros. A deep-rooted Southerner with a fondness for high-end real estate. A gay man, married with children. Who is Scott Bessent?The New York Times - Dec. 10 -
NY AG won't toss multimillion-dollar Trump civil fraud judgment
The New York attorney general's office said Tuesday it will not drop its multimillion-dollar civil fraud case against President-elect Trump, despite his request. Deputy Solicitor General Judith ...The Hill - Dec. 10 -
Trudeau says Americans are realizing Trump's tariffs on Canada would make life a lot more expensive
Canadian Prime Minister Justin Trudeau says Americans are realizing that "tariffs on everything from Canada would make life a lot more expensive" and says he would retaliate if Donald Trump imposes ...ABC News - Dec. 10 -
It’s time to sell the U.S. dollar, Morgan Stanley says
Morgan Stanley’s analysts said much of the good news for USD has already been priced in to the value of America’s currency, meaning investors may have an opportunity to make a pain trade.MarketWatch - Dec. 9 -
Trump says he ‘would consider’ raising the federal minimum wage
President-elect Donald Trump says there’s a “level at which you could” raise the federal minimum wage, but he would want to speak to governors first during an exclusive interview with Meet the Press.NBC News - Dec. 8 -
Trump nominates former border chief Rodney Scott as commissioner of CBP
President-elect Trump nominated former border chief Rodney Scott as the commissioner of U.S. Customs and Border Protection (CBP). “Rodney served nearly three decades in the Border Patrol, building ...The Hill - Dec. 6 -
Trump’s Threats About the Dollar Could Push Other Countries to Find Alternatives
President-elect Donald J. Trump threatened to impose tariffs on countries that seek to replace the dollar in trade or undermine its global reserve currency status.The New York Times - Dec. 5 -
Trump names Peter Navarro, jailed for contempt of Congress, trade adviser
President-elect says Navarro, his former White House trade adviser, will focus on tariffs. Donald Trump said he would name former White House trade adviser Peter Navarro as senior counselor for ...The Guardian - Dec. 4 -
'Why would I back down?': Embattled Pete Hegseth says Trump told him to keep fighting
Pete Hegseth, Donald Trump’s embattled pick for defense secretary, brushed aside suggestions that he would drop out and said Trump urged him to “keep fighting.”NBC News - Dec. 4 -
Trump nominates Peter Navarro as senior economic adviser
China hawk who served in president-elect’s first term was imprisoned for contempt of Congress over 2021 Capitol attackFinancial Times - Dec. 4 -
Billion dollar squirrel: Trump effect fuels crypto’s ‘memecoin’ boom
Tokens based on online viral moments outpace bitcoin over past month but critics say they reflect market frothFinancial Times - Dec. 4 -
Trump will take ‘nonstop’ action in first 100 days in office, top adviser says – live
Jason Miller says that Trump will take aggressive action on immigration and oil and gas drilling early into his second term. Notre Dame Cathedral will reopen in Paris on Saturday with incoming US ...The Guardian - Dec. 3 -
Trump says he would block US Steel acquisition by Nippon Steel
President-elect Trump vowed to block Japanese Nippon Steel Corp.'s acquisition of U.S. Steel. "I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this ...The Hill - Dec. 3 -
Trump's Threat Over an Imaginary Currency Risks Backfiring on the U.S. Dollar
After his 100% tariffs warning to Brics nations, some economists say the president-elect risks accelerating the pursuit of alternatives to the greenback.The Wall Street Journal - Dec. 3 -
Trump adviser on Hegseth pick: ‘There aren't any concerns’
President-elect Trump senior adviser Jason Miller said that the team isn’t concerned with the pick for Defense secretary, Pete Hegseth, amid controversial reports about him emerging in recent days. ...The Hill - Dec. 3 -
What are the BRICS countries — and are they really trying to leave the dollar like Trump says?
In his latest trade-related tirade, President-elect Donald Trump has set his sights on a group of emerging-market countries collectively known as the “BRICS.”MarketWatch - Dec. 3 -
Trump threatens 100% tariffs on BRICS nations over effort to replace dollar
President-elect Donald Trump is vowing to impose 100% tariffs on BRICS nations unless they commit to not developing a new currency. CBS News MoneyWatch correspondent Kelly O'Grady joins to explain ...CBS News - Dec. 2 -
Trudeau told Trump Americans would also suffer if tariffs are imposed, a Canadian minister says
Prime Minister Justin Trudeau has told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian productsABC News - Dec. 2 -
Dollar climbs after Trump’s Brics tariff threat and French political woes
Currency on course for biggest daily rise since November 5 US presidential electionFinancial Times - Dec. 2