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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 -
Bessent's big day
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump's Treasury nominee takes center stage Scott Bessent, President-elect ...The Hill - 14h -
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 -
Bessent to tell senators Trump will usher in 'economic golden age'
Scott Bessent, President-elect Trump’s pick to lead the Treasury, plans to tell senators during his confirmation hearing that the next four years will present an opportunity for an “economic golden ...The Hill - 1d -
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 -
Senate Democrats circulating memo alleging Bessent tax dodges
The memo called out millions of dollars in losses Treasury Secretary nominee Scott Bessent claimed related to his investment in a conservative publishing house, among other issues.Politico - 1d -
As it happened: Australian Open Day 2
After rain interrupted the opening day of the 2025 Australian Open, the weather was more favourable for Day 2, and the action didn't disappoint, either.ESPN - 3d -
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 -
Wasteful England beaten in Women's Ashes opener
England suffer a four-wicket defeat in the opening one-day international of the Women's Ashes in Sydney.BBC News - 5d -
Heavy rain disrupts day one at Australian Open
Play on day one of the Australian Open is disrupted by heavy rain and thunderstorms in Melbourne.BBC News - 5d -
Buckeyes open as big favorites vs. Fighting Irish
Ohio State opened as a 9.5-point favorite over Notre Dame, a line that if it holds would be tied for the second-largest spread in a CFP national championship game.ESPN - 5d -
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 -
Eye Opener: Nicolás Maduro sworn in as president of Venezuela
Venezuelan President Nicolás Maduro was sworn in for a third six-year term, sparking protests around the world and causing the U.S. to raise a bounty for his arrest. Meanwhile, hundreds of ...CBS News - 5d -
Five Australian Open storylines to watch out for
The star names have arrived at the Australian Open for a season-opening Grand Slam which has already thrown up intriguing storylines.BBC News - 6d -
On the Eve of Trump’s Sentencing, an Unusual Art Gallery Opening
A show by the artist Isabelle Brourman, who sketched the trials of Donald J. Trump, attracted figures from the art world, the media and some lawyers from his civil fraud trial.The New York Times - 6d -
Russia open to Trump, Putin meeting: Kremlin
Russian President Vladimir Putin is ready to meet President-elect Trump without conditions, the Kremlin said on Friday, but is waiting for more specifics following the U.S. presidential ...The Hill - 6d -
Eye Opener: California wildfire death toll climbs
The number of dead climbs in Los Angeles, as officials face tough questions about what led to one of the most devastating fires in California history. Also, a massive winter storm is causing ...CBS News - 6d -
'High demand' for City of Culture opening ceremony
'High demand' reported for open-air performance in Bradford city centre on Friday.BBC News - Jan. 10 -
Trump calls on Newsom to ‘open up the water main’
In a post online Thursday, President-elect Trump called on California Gov. Gavin Newsom (D) to “open up the water main” as fires in Los Angeles continue to rage. “Governor Gavin Newscum should ...The Hill - Jan. 9 -
Open auditions to be America’s 51st state
The U.S. already has 50 states — and all of them are less of a mess than Canada or Britain.The Hill - Jan. 9 -
Opening day of a new Congress signals future troubles
The opening day of the new Congress was marred by intra-party fratricide, with the Speaker of the House being elected after multiple ballots and a change in rules making it more difficult to remove ...The Hill - Jan. 9 -
Britain's Fearnley handed Kyrgios blockbuster at Australian Open
Britain's Jacob Fearnley is set to face Nick Kyrgios - and a partisan home crowd - in the controversial Australian's return to Grand Slam tennis.BBC News - Jan. 9 -
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Panama Canal’s Expansion Opened Routes for Fish to Relocate
A multibillion-dollar expansion helped the canal accommodate king-size cargo ships. It might also be fueling ecological upheaval.The New York Times - Jan. 7 -
Is a 2-year CD still worth opening?
A 2-year CD can still be valuable for many savers, even at a slightly lower interest rate. Here's why.CBS News - Jan. 7 -
GB's Jones & Harris win in Australian Open qualifying
Fran Jones and Billy Harris are through to the second round of Australian Open qualifying but three more Britons were beaten.BBC News - Jan. 7 -
GB's Dart and Watson win in Australian Open qualifying
Great Britain's Harriet Dart and Heather Watson make it through to the second round of qualifying for the Australian Open, but Dan Evans is out.BBC News - Jan. 6 -
Some Democrats said to be open to backing RFK Jr.
A handful of Senate Democrats are said to be leaving the door open to voting for Robert F. Kennedy Jr. to become the next Health and Human Services secretary. As preparations for confirmation ...The Hill - Jan. 4 -
Eye Opener: Winter storm to hit much of U.S.
Millions of Americans are in the path of the first major winter storm of the year, which is expected to dump snow and ice and create dangerous conditions from the Central Plains to the East Coast. ...CBS News - Jan. 4 -
3 CD accounts still worth opening for 2025
CD accounts can still be valuable this year, especially if you open one of these term lengths.CBS News - Jan. 3 -
Source: Chiefs open return window for CB Watson
The Chiefs opened the practice window for cornerback Jaylen Watson, who has been out with a broken ankle.ESPN - Jan. 3 -
Is a $10,000 1-year CD worth opening for 2025?
If you can afford to temporarily part with the funds, a $10,000 1-year CD could prove valuable for 2025. Here's why.CBS News - Jan. 2 -
Opening a savings account? Here's what to know
Annual percentage yields (APYs) on top high-yield savings accounts are currently 4.5% and above, according to Bankrate.The Hill - Jan. 2 -
Why you should open a gold IRA for 2025
There are multiple reasons why a gold IRA could be worth opening this year. Here are three to know now.CBS News - Jan. 2 -
Premier League January transfer window opens
The Premier League transfer window opened on Wednesday, giving clubs the opportunity to improve their squads for the remainder of the 2024-25 season.ESPN - Jan. 2