Latest in Bessent calls for stronger Russia sanctions at treasury confirmation hearing
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EU eyes enlisting Belgian king to help safeguard Russia sanctions
Royal wartime decree seen as fallback option to keep Russia’s frozen €190bn in EU if Hungary vetoes renewal of sanctionsFinancial Times - 3h -
Trump Treasury Pick Scott Bessent Defends Plans to Cut Taxes and Raise Tariffs
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.The New York Times - 16h -
What Scott Bessent, Trump’s Treasury Pick, Might Get Asked Today
Scott Bessent, a billionaire hedge fund manager, will likely face tough questions on tax cuts and tariffs — and how bond markets might check his economic agenda.The New York Times - 1d -
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UK yet to carry out a single conviction for breaching sanctions on Russia
Sanctions were introduced after the Crimea annexation in 2014 and the wider invasion of Ukraine in 2022.BBC News - 13h -
Trump nominees Burgum, Bessent and other picks sit for Senate confirmation hearings
President-elect Donald Trump's picks for the Treasury, Housing and Urban Development and Interior departments, along with the Environmental Protection Agency, went before lawmakers on Thursday. ...CBS News - 14h -
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.CBS News - 16h -
Bessent says US should increase sanctions on Russian oil companies
Trump Treasury pick tells Senate panel he wants to ratchet up pressure on Putin regimeFinancial Times - 20h -
Bessent open to increasing sanctions on Russia
Treasury Secretary-nominee Scott Bessent told senators Thursday that he would be “100 percent on board” with increasing sanctions on Russia’s major oil companies if President-elect Trump supports ...The Hill - 20h -
Watch live: Treasury hopeful Scott Bessent testifies at Senate confirmation hearing
Billionaire investor Scott Bessent, President-Trump's pick to head the Treasury Department, will testify before the Senate Finance Committee on Thursday morning. During the confirmation hearing, ...The Hill - 22h -
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.CNBC - 23h -
Lee Zeldin Senate confirmation hearing for EPA administrator
Watch live coverage as Lee Zeldin, President-elect Donald Trump’s pick to be the Environmental Protection Agency administrator testifies at a confirmation hearing before the Senate Environment & ...NBC News - 23h -
Bessent, Burgum headline Thursday's confirmation hearings
Confirmation hearings for President-elect Trump’s Cabinet picks are in full swing again Thursday as the Senate works to screen his controversial nominees. Committees will hear from the contenders ...The Hill - 1d -
Key takeaways from Pam Bondi confirmation hearing
Senators questioned several nominees for key roles in President-elect Donald Trump's incoming administration on Wednesday, including his attorney general pick Pam Bondi. CBS News congressional ...CBS News - 1d -
Here's when Trump nominees will appear for confirmation hearings
More than a dozen people nominated by President-elect Trump to serve in his administration are making their case to Senate committees this week. The busy week kicked off with the Senate Armed ...The Hill - 1d -
Takeaways From Pete Hegseth’s Confirmation Hearing
President-elect Donald J. Trump’s pick for defense secretary said nothing that would alienate the Republican senators on the Armed Services Committee.The New York Times - 2d -
Hegseth's comments on military law questioned in confirmation hearing
Pete Hegseth told senators “restrictive rules of engagement” have “made it more difficult to defeat our enemies” as Democrats suggested he undervalued the laws of war.ABC News - 2d -
Kristi Noem confirmation hearing for DHS secretary postponed
The confirmation hearing for South Dakota Gov. Kristi Noem (R), President-elect Trump’s pick to lead the Department of Homeland Security (DHS), was postponed by two days. Noem will appear before ...The Hill - 2d -
Pete Hegseth faces Senate grilling in confirmation hearing
Defense secretary nominee Pete Hegseth faced tough questioning about his views on women in combat and reports of sexual misconduct and excessive drinking during his Senate confirmation hearing ...CBS News - 2d -
Key takeaways from Pete Hegseth's confirmation hearing
Pete Hegseth, President-elect Donald Trump's pick for defense secretary, faced senators and protesters in a high-stakes confirmation hearing Tuesday. CBS News' Nikole Killion, Katrina Kaufman and ...CBS News - 2d -
Trump allies reacting to Hegseth's Senate confirmation hearing
President-elect Donald Trump's allies are reacting favorably to Pete Hegseth's performance during his Senate confirmation hearing for the secretary of defense Cabinet role. CBS News' Olivia Rinaldi ...CBS News - 2d -
Behind Pete Hegseth's explosive Senate confirmation hearing
Pete Hegseth faced intense questioning from the Senate Armed Services Committee as he vies for the secretary of defense post in President-elect Donald Trump's Cabinet. CBS News' Taurean Small and ...CBS News - 2d -
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 - 3d -
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 - 3d -
Pete Hegseth is expected to be grilled in confirmation hearing
President-elect Trump’s pick for secretary of defense, Pete Hegseth, is expected to be grilled during his confirmation hearing over allegations of sexual and financial misconduct and alcohol abuse. ...NBC News - 3d -
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 - 4d -
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 - 4d -
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 - 4d -
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.The New York Times - 5d -
Oil prices rally as fresh U.S. sanctions on Russia threaten global supplies
Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies and as winter storms in the U.S. were expected to boost demand for ...MarketWatch - 6d -
U.S. Imposes New Sanctions to Squeeze Russia’s Energy Sector
The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.The New York Times - 6d -
Japan imposes new sanctions on Russia
Japan on Friday approved additional sanctions against Russia over its war on Ukraine, including freezing the assets of dozens of individuals and groups and banning exports to dozens of ...ABC News - Jan. 10 -
Senate approves committee assignments, tees up confirmation hearings next week
The Senate on Tuesday approved its organizing resolution for the 119th Congress, officially setting the composition of committees and greenlighting nomination hearings to take place in the coming ...The Hill - Jan. 7 -
Treasury yields end higher after ISM’s stronger-than-expected manufacturing data
Yields on U.S. government debt finished slightly higher on Friday after a manufacturing-related reading showed signs of improvement for the struggling sector.MarketWatch - Jan. 3 -
Senate panel seeking more info on Hegseth ahead of confirmation hearings: Sources
Members of the Senate Armed Services Committee have quietly requested more information regarding allegations involving Defense Secretary pick Pete Hegseth, sources say.ABC News - Jan. 3 -
Debate Over U.S. Sanctions on Russia For Ukraine War Intensifies
The president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions over their efficacy.The New York Times - Jan. 2 -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - Jan. 2 -
Chinese government hackers targeted US Treasury office that administers sanctions – report
Treasury disclosed hack earlier this week, with Washington Post reporting targets were Office of Foreign Assets Control and Office of Financial Research. Chinese government hackers breached the US ...The Guardian - Jan. 2
