Latest in Here’s what Trump’s pick of Scott Bessent for Treasury secretary means for taxes, interest rates and more
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Musk publicly supports Lutnick for treasury secretary as Trump considers pick
Musk’s comments on X in support of candidate comes amid anxiety over entrepreneur’s proximity to Trump. . Elon Musk has publicly weighed in on Donald Trump’s choice for US treasury secretary, one ...World - The Guardian - November 17 -
After Flurry of Cabinet Picks, Trump Rethinks Candidates for Treasury Secretary
President-elect Donald J. Trump is expected to invite the contenders for the role, including Kevin Warsh and Marc Rowan, to Mar-a-Lago this week.Top stories - The New York Times - November 18 -
What Trump's return to the White House could mean for the economy and taxes
Voter frustration with their economic lives was central in propelling Donald Trump to a second term.Top stories - NBC News - November 8 -
Trump’s Bessent pick for Treasury boosts hopes for year-end stock-market rally
Donald Trump’s selection of hedge-fund manager Scott Bessent to serve as Treasury secretary triggered a sigh of relief across global financial markets on Monday.Business - MarketWatch - Yesterday -
Long-term Treasury bonds log biggest rally in nearly 4 months after Trump picks Bessent
Longer-term Treasury yields ended sharply lower Monday, sending prices higher on optimism that President-elect Donald Trump’s choice of Scott Bessent as Treasury secretary could help lower budget ...Business - MarketWatch - Yesterday -
Former Treasury Secretary Mnuchin says Trump's top priorities will be tax cuts, Iran sanctions and tariffs
Tax cuts are 'a signature part of his program,' Mnuchin said in a "Squawk Box" interview.Business - CNBC - November 7 -
Treasury yields fall as investors endorse Trump's Treasury secretary pick, await inflation data
U.S. Treasury yields were lower on Monday as investors weighed President-elect Donald Trump's Treasury secretary pick and awaited a key inflation reading.Business - CNBC - Yesterday -
The next U.S. president could face a tax battle in 2025 — here's what it means for investors
The next U.S. president could face a tax battle in 2025 over expiring tax breaks enacted by former President Donald Trump. Here's what it means for investors.Business - CNBC - November 5 -
Here's what the Trump presidency could mean for the housing market, experts say
Donald Trump wants to address the housing shortage in the U.S. But some of his promises might be hurdles in the way.Business - CNBC - November 11 -
The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper
With interest rates declining, borrowing costs for credit cards, personal loans, and auto financing should get a bit cheaper, saving a few bucks on most loans.Business - CNBC - November 7 -
Trump proposes eliminating the income tax. Here's what experts think.
Experts cast doubt on whether the lost revenue could be replaced with tariffs.Top stories - ABC News - October 28 -
Here’s what can stall Trump’s tax and tariff plans
Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.Business - MarketWatch - November 6 -
Trump expands search for Treasury secretary
President-elect’s top economic appointment has kicked off fierce lobbying among loyalistsBusiness - Financial Times - November 18 -
Inside the battle to be Trump’s Treasury secretary
Plus, Chinese ambassador to the US struggles to connect with president-elect’s inner circleWorld - Financial Times - November 19 -
More Spyware, Fewer Rules: What Trump’s Return Means for US Cybersecurity
Experts expect Donald Trump’s next administration to relax cybersecurity rules on businesses, abandon concerns around human rights, and take an aggressive stance against the cyber armies of US ...Tech - Wired - November 14 -
What Trump’s Win Could Mean for Climate Innovation, Renewable Energy, and More
Here’s what experts think may be on the chopping block—and what might endure.Business - Inc. - November 15 -
Scott Bessent Helped ‘Break’ the Bank of England. Now He’ll Run the U.S. Treasury.
Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad understanding of financial markets.Business - The New York Times - 14 hours ago -
Trump thinks he can fix golf's mess. He starts by playing golf with PGA Tour commissioner
President-elect Donald Trump has said it would take about 15 minutes to sort out golf's messSports - ABC News - November 18 -
What to Know About Marco Rubio, Said to Be Trump’s Pick for Secretary of State
The three-term senator from Florida viciously criticized Donald J. Trump during the 2016 campaign but has since ingratiated himself and become a foreign policy adviser to Mr. Trump.Top stories - The New York Times - November 12 -
What to Know About Pete Hegseth, Trump’s Pick for Defense Secretary
The choice of the Fox News host and veteran was outside the norm. But he was a dedicated supporter of President-elect Donald J. Trump during his first term.Top stories - The New York Times - November 13 -
What to know about Howard Lutnick, Trump's pick for commerce secretary
President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretaryTech - ABC News - November 19 -
What to know about Lori Chavez-DeRemer, Trump's Labor secretary pick
President-elect Trump has picked Rep. Lori Chavez-DeRemer (R-Ore.) to serve as Labor secretary for his second stint in the White House, tapping the one-term House lawmaker who has strong support ...Politics - The Hill - 3 days ago -
Bessent and Lutnick lead Trump Treasury job race after Paulson exits
Billionaire says ‘complex’ financial ties triggered withdrawal from consideration for top US economy roleBusiness - Financial Times - November 12 -
Dollar falls after Trump names Bessent to Treasury role
US bond yields drop as hedge fund manager nominated for top economic positionBusiness - Financial Times - Yesterday -
What's the mortgage interest rate forecast for November 2024?
After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.Top stories - CBS News - October 28