Latest in Bessent’s Fund
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Watch live: Buttigieg, Criswell testify on FEMA funding
The Senate Appropriations Committee is holding a hearing Wednesday focused on disaster relief funding requests in the aftermath of hurricanes Helene and Milton. Witnesses include Transportation ...Politics - The Hill - November 20 -
GAA reconsiders extra Casement funds as costs fall
The GAA say additional funds will be reliant on seeing "the colour of the money from the Treasury".Top stories - BBC News - November 20 -
FEMA disaster relief fund 'rapidly nearing exhaustion'
The Federal Emergency Management Agency’s (FEMA) disaster relief fund has dwindled to less than $5 billion, lawmakers said this week, as both sides press for the swift passage of emergency aid. ...Politics - The Hill - November 20 -
Republicans ask for investigation into federal funding for Planned Parenthood
More than 100 Republican lawmakers are asking for an investigation in to the amount of federal funding that has been awarded to health centers that also provide abortion, including Planned ...Politics - The Hill - 5 days ago -
The Trump Transition’s Secret Funding, and a Campus Crackdown
Plus, payouts for finding pandemic fraud.Top stories - The New York Times - 2 days ago -
The ultimate guide to the UK’s sovereign wine fund
Data! Accountability! Plonk! The whole wine yardsWorld - Financial Times - 2 days ago -
Commerce Department to reduce Intel's funding on semiconductors
The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around the country, according to three people familiar with the grant who spoke ...Tech - ABC News - 2 days ago -
Trump’s Treasury pick is Scott Bessent. He’s said it’s absurd to fear ‘Trump-flation.’
President-elect Donald Trump has selected hedge-fund manager Scott Bessent to serve as secretary of the Treasury Department.Business - MarketWatch - 4 days ago -
How Scott Bessent Went From Democratic Donor to Trump Treasury Secretary Pick
The hedge fund investor predicted last year that President-elect Donald J. Trump’s political fortunes were on the rise.Business - The New York Times - 4 days ago -
U.S. stock and bond markets love Trump's pick of Bessent for Treasury — here's why
Trump said he will pick the Wall Street figure to take on his administration's most important economic role.Business - CNBC - 2 days ago -
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 - 2 days ago -
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 - 2 days ago -
Here’s what Trump’s pick of Scott Bessent for Treasury secretary means for taxes, interest rates and more
With Scott Bessent, consumers eyeing prices and interest rates are getting a Treasury secretary pick who is deeply aware of the big-picture forces pushing and pulling those everyday costs, experts ...Business - MarketWatch - Yesterday -
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 - Yesterday -
Saudi Arabia’s wealth fund pivots from international investments
Public Investment Fund will focus more of its financial firepower on domestic projectsBusiness - Financial Times - October 29 -
Elon Musk's xAI in Talks to Raise Funding Valuing It at $40 Billion
The new fundraising effort would substantially increase startup’s valuation from spring.Tech - The Wall Street Journal - October 29 -
Republicans unveil emergency bill to fund tapped-out disaster loan program
Senate Republicans released legislation this week that aims to replenish funds for a key federal program that provides disaster loans to businesses and homeowners. Sen. Thom Tillis (R-N.C.) led ...Politics - The Hill - October 29 -
In Election’s Final Days, Dark Money and ‘Gray Money’ Fund Hidden Agendas
Big-money operatives are taking advantage of lax rules at the end of the campaign to hide the true source of their money until after the election is called — or for forever.Top stories - The New York Times - October 30 -
Asia has ‘enormous’ shortfall of funds to adapt to climate change, warns ADB
Development bank report says region still needs hundreds of billions of dollars for action to tackle impact of global warmingWorld - Financial Times - October 31
