Scott Bessent believes federal minimum wage should not be increased
Read more at NBC News
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Japan inflation-adjusted wages rise in December on jump in bonuses
Yahoo News - 4h -
Goldman slashes investment minimum for new alumni fund
1869 scheme will invest in Wall Street bank’s private market vehiclesFinancial Times - 23h -
Trump names Treasury Secretary Scott Bessent acting director of CFPB, as former head Chopra confirms he is out
Bessent, a former hedge-fund manager, was confirmed as head of the Treasury Department last week.CNBC - 1d -
Don’t Believe Him
Look closely at the first two weeks of Donald Trump’s second term and you’ll see something very different than what he wants you to see.The New York Times - 2d -
Trump is waging war against his own government
Trump is waging war against his own government, creating a deep sense of fear in the federal workforce — and recipients of federal aid.NBC News - 2d -
Innovate Faster With Minimum Viable Products (MVPs)
How large CPGs can adopt the entrepreneurial mindset to test small and innovate better.Inc. - 4d -
Wages and benefits for American workers see smallest gains in three years
The labor market is no longer a source of inflation pressures, but economists continue to watch the data closely.MarketWatch - 4d -
The Federal Reserve should resist pressure from Trump, experts say
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.CBS News - 6d -
The federal return-to-office should happen in state capitals
Leveraging the return-to-work order could facilitate the relocation of tens of thousands of federal workers within months by building on where they already live and work.The Hill - Jan. 28 -
Scott Bessent wins Senate confirmation as Treasury secretary
The Wall Street veteran won the Senate's confirmation to be Treasury secretary. The vote was 68-29.CNBC - Jan. 28 -
Senate Confirms Scott Bessent as Treasury Secretary
Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.The New York Times - Jan. 27 -
Senate confirms Scott Bessent as Treasury secretary
The Senate voted Monday as Senate Republicans work to quickly install President Trump's picks for top administration posts.CBS News - Jan. 27 -
Senate confirms Scott Bessent as Trump's Treasury secretary
Scott Bessent on Monday secured confirmation to lead the Department of the Treasury, putting President Trump’s top economic nominee in place ahead of a daunting GOP push to enact Trump's ambitious ...The Hill - Jan. 27 -
Senate confirms Scott Bessent as treasury secretary
President Donald Trump is set to attend a high-profile policy conference with House Republican lawmakers in his home state of Florida. Trump first landed in Miami on Saturday and has been at his ...NBC News - Jan. 27 -
'Evil' Southport killer jailed for a minimum of 52 years
Axel Rudakubana is handed a life sentence for killing three girls and attacking 10 other people.BBC News - Jan. 23 -
Fighting Alongside Russia, North Koreans Wage Their Own War
Ukrainian forces described a different kind of enemy, fighting with unfamiliar tactics and little option to retreat.The New York Times - Jan. 23 -
Record number of consumers are making minimum credit cards payments as delinquencies rise
Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, according to a Philadelphia Federal Reserve report.NBC News - Jan. 22 -
Senate panel advances Bessent nomination
The move clears the way for a Senate floor vote in the coming days.Politico - Jan. 21 -
What's the minimum credit score for a home equity loan in 2025?
A good credit score plays a critical role in the home equity borrowing process. Here's what owners should know for 2025.CBS News - Jan. 20 -
Dodgers land closer Scott for $72M, sources say
Closer Tanner Scott and the Dodgers are in agreement on a four-year, $72 million contract, sources told ESPN's Jeff Passan on Sunday.ESPN - Jan. 19 -
Stefanik wages Democratic charm offensive ahead of confirmation hearing
Senate Democrats appear to be warming up to Rep. Elise Stefanik (R-N.Y.), President-elect Trump’s combative and confrontational nominee for envoy to the United Nations, encouraged by commitments ...The Hill - Jan. 18 -
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 - Jan. 16 -
Trump Treasury secretary nominee won’t support raising minimum wage
Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the minimum wage. Bessent, if confirmed, would not have the authority to raise ...The Hill - Jan. 16 -
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 - Jan. 16 -
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 - Jan. 16 -
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 - Jan. 16 -
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 - Jan. 16 -
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 - Jan. 16 -
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 - Jan. 16 -
Nick Castellanos believes Mets' Jose Iglesias should have won 2024 NL MVP over Shohei Ohtani
Phillies outfielder Nick Castellanos believes the NL MVP should have been given to a Mets player, and he’s not talking about Francisco Lindor. Castellanos’ 2024 NL MVP pick? Jose Iglesias.Yahoo Sports - Jan. 13 -
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 - Jan. 13 -
Reeves 'to wage war on waste' and 'Nine-jobs Nigel'
"Growing disquiet" in the Labour Party and Nigel Farage's "side-hustles" lead Sunday's newspapers.BBC News - Jan. 12 -
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 - Jan. 11 -
TikTok, Facing a US Ban, Is Also Waging Legal Battles Around the World
TikTok is challenging a possible ban or forced sale to new owners in the United States, but has for several years been waging other fights in at least 20 countries.The New York Times - Jan. 10 -
Park City Strike Ends With Increase in Wages for Ski Patrollers
The nearly two-week strike hobbled the largest U.S. ski resort during a busy holiday period and sparked online fury about deepening economic inequality in rural mountain areas.The New York Times - Jan. 9 -
Scott Burton’s Civic Engagement and Eroticism Merge at the Pulitzer
Paradigm-shifter for public art in the ’80s, groundbreaking (and openly queer) performance artist in the ’70s, Burton showed new ways of connecting.The New York Times - Jan. 9 -
Next blames clothes price rises on wage increases set out in Budget
The retailer expects employee costs to increase by £73m due in part to rising National InsuranceBBC News - Jan. 7 -
New federal rule targets certain gas water heaters: Here’s what you should know
No, it's not a ban on any water heaters.The Hill - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6
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Trump proposal for U.S. control of Gaza would have ‘reverberations around the world’
NBC News’ Kelly O’Donnell reports on the “stunning moment in the East Room” where President Trump, joined by Israeli Prime Minister Netanyahu, suggested that the U.S. “will take over the Gaza Strip.”NBC News - 2h -
Trump 'not in a rush' to speak with China's Xi Jinping after Beijing hits back with tariffs
Beijing responded with retaliatory measures after President Trump’s announced a 10% tariff on all Chinese goods. CNBC correspondent Megan Casella reports on what this means for consumers.NBC News - 6h -
President Trump praises Elon Musk's work dismantling government agencies
NBC News White House Correspondents Gabe Gutierrez and Vaughn Hillyard, NPR Technology Reporter Bobby Allyn and Washington Post Education Reporter Laura Meckler discuss President Trump and Elon ...NBC News - 6h -
Trump signs executive order to withdraw U.S. from U.N. Human Rights Council
President Trump signed an executive order aimed at withdrawing the United States from the United Nations Human Rights Council and UNRWA and for broader review of U.S. funding for the international ...NBC News - 6h -
Senate committee advances Tulsi Gabbard's nomination to serve as DNI
The Senate Intelligence Committee has voted to advance Tulsi Gabbard's nomination to serve as the director of national intelligence. NBC News' Ryan Nobles reports on the support and questions she ...NBC News - 7h
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Texas House Republican says US could use drones against cartels to 'save American lives'
Rep. Brian Babin (R-Texas), co-chair of the Border Security Caucus, said on Tuesday the United States “could” use drones against the cartels if it meant saving American lives. NewsNation reported ...The Hill - 39m -
Grassley pushes for Senate committee vote on Patel as early as next week
Senate Judiciary Committee Chair Chuck Grassley (R-Iowa) said he’s eyeing next week for a final committee vote on Kash Patel’s nomination to lead the FBI, rejecting Senate Democrats’ request for a ...The Hill - 1h -
Trump’s plan to ‘take over’ Gaza Strip confuses GOP lawmakers
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5 takeaways from the Trump, Netanyahu joint presser
President Trump on Tuesday doubled down on his proposal for Palestinians to leave the Gaza Strip and announced that the U.S. will take over the tiny territory in a joint press conference alongside ...The Hill - 2h -
USAID workers placed on administrative leave 'until further notice'
Employees at the U.S. Agency for International Development (USAID) are being placed on administrative leave with pay "until further notice," according to letters reviewed by The Hill. Employees ...The Hill - 2h