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The Race to Lead Trump’s Treasury Dept. Is Becoming a Cliffhanger
Howard Lutnick? Scott Bessent? Marc Rowan? Kevin Warsh? The president-elect’s list of candidates has grown longer, clouding the future of the department.Business - The New York Times - 5 days ago -
Where Trump's search for a Treasury secretary stands
President-elect Trump is expanding his search to lead the Treasury Department as the jockeying over who will fill the key economic role has spilled into public view. Investor Scott Bessent appeared ...Politics - The Hill - 5 days ago -
Lutnick and Bessent’s battle for Treasury secretary turns bitter as Trump expands field
Wall Street factions fight for top economic post in president-elect’s cabinetBusiness - Financial Times - 4 days ago -
Trump’s hunt for Treasury secretary down to the wire
The jockeying for President-elect Trump’s pick to run the all-important Treasury Department is coming down to the wire. Trump’s economic team will be tasked with imposing an aggressive tariff ...Politics - The Hill - 3 days ago -
Donald Trump narrows in on Marc Rowan for Treasury secretary
Plus, Lebanon pins its hopes on the father-in-law of the president-elect’s youngest daughterWorld - Financial Times - 2 days ago -
Treasury imposes sanctions on Russian banks, financial officials
Russia’s third largest bank, Gazprombank, and its subsidiaries were hit with U.S. sanctions on Thursday, making it the largest bank not already targeted as the Russia-Ukraine war nears its three ...Politics - The Hill - 2 days ago -
Trump picks Scott Bessent as Treasury secretary
Hedge fund manager will be responsible for implementing president-elect’s pledges to cut taxes and raise tariffsBusiness - Financial Times - Yesterday -
Trump picks hedge fund manager Scott Bessent to serve as treasury secretary
President-elect Donald Trump on Friday announced he had asked Scott Bessent, a hedge fund executive and top fundraiser to his campaign, to serve as secretary of the Treasury Department.Top stories - NBC News - Yesterday -
Trump Taps Investor Scott Bessent as Treasury Secretary
The hedge fund manager will be responsible for steering President-elect Donald J. Trump’s unconventional economic agenda.Business - The New York Times - Yesterday -
Trump nominates Bessent to lead US Treasury in flurry of announcements
He also announces nominees for labour secretary, housing secretary and surgeon general.Top stories - BBC News - 22 hours ago -
Trump taps Scott Bessent to serve as treasury secretary
President-elect Donald Trump has tapped Scott Bessent, a key campaign fundraiser, as his pick for Treasury secretary. If confirmed, Bessent will oversee fiscal policies amid ongoing concerns about ...Top stories - NBC News - Yesterday -
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.Top stories - CBS News - Yesterday -
Trump names investor Scott Bessent as Treasury secretary
President-elect Trump on Friday named billionaire investor Scott Bessent to be his Treasury secretary. Bessent would be the key leader of the president-elect’s economic team, which will be tasked ...Politics - The Hill - Yesterday -
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.Politics - CBS News - 15 hours ago -
Trump’s Treasury Selection Seen as Calming for Investors
Donald Trump has picked Scott Bessent to serve as Treasury secretary.Business - Inc. - 5 hours ago -
The UK in Trump’s world
Plus, Kemi Badenoch’s first steps as the new Tory leaderWorld - Financial Times - November 8 -
Is the UK spending enough on defence?
And what Trump 2.0 could mean for Ukraine.Top stories - BBC News - November 10 -
UK wage growth steadies as hiring stalls
Data shows cooling jobs market as Bank of England weighs when to make next cut in interest ratesBusiness - Financial Times - November 12 -
How vulnerable is the UK to Trumponomics?
US president-elect’s plans for tariffs, and the prospect of global trade tensions, risk leaving Britain exposedBusiness - Financial Times - November 14 -
The rehabilitation of KPMG in the UK
The years of audit failings and regulatory fines at its UK business are over, but some worry the firm is still losing ground to rivalsBusiness - Financial Times - 5 days ago -
UK inflation creeps back
October’s sharp acceleration cements expectation that Bank of England will delay rate cutsWorld - Financial Times - 3 days ago -
10-year Treasury yield ends at three-month high on expectations for potential sweep by Republicans
Yields on U.S. government debt finished at their highest levels since July and August on Monday, as traders looked ahead toward a week of data on economic growth, inflation and the labor market.Business - MarketWatch - October 28 -
Treasury’s stable coupon, auction sizes at risk from U.S. election results
Since May, the Treasury Department has guided market participants toward the idea that it won’t need to increase the size of its coupon issuances or auctions “for at least the next several ...Business - MarketWatch - October 28 -
10-year Treasury yield closes below 4.3% after Tuesday’s initial selloff fades
Long-dated Treasury yields finished lower on Tuesday after a selloff of U.S. government debt that began during European trading hours faded by the end of the New York session.Business - MarketWatch - October 29 -
Treasury failed to disclose ‘material’ spending pressures under Hunt, says OBR
Watchdog says it cannot tell how big ‘black hole’ inherited by Rachel Reeves would have been with full transparencyWorld - Financial Times - October 30 -
2-year Treasury yield sees biggest monthly rise since February 2023
Treasury yields finished little changed on Thursday after a closely followed inflation reading, but booked solid monthly increases.Business - MarketWatch - October 31 -
Bond traders shake off weak jobs report, send 10-year Treasury yield to 4-month high
Long-dated Treasury yields ended at their highest levels since early July on Friday as traders looked past October’s nonfarm-payrolls report, which came in well below expectations.Business - MarketWatch - November 1 -
10-year Treasury yield ends lower after strong auction as investors await election results
Long-dated Treasury yields erased their rise to end lower Tuesday following an auction of 10-year notes that met solid demand as investors awaited the outcome of the U.S. presidential election.Business - MarketWatch - November 5 -
Treasury should have told us about overspend by law, says OBR
Richard Hughes, chair of the Office for Budget Responsibility, says officials have questions to answer as to why details of an overspend were not shared.Top stories - BBC News - November 5