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Reuters on MSN · 2d

US Treasury nominee backs Fed independence, dollar, Russia sanctions

U.S. President-elect Donald Trump's nominee for Treasury secretary said on Thursday that the dollar should continue to be the world's

Trump's treasury secretary pick says more Russia sanctions possible

US President-elect Donald Trump's pick for treasury secretary, Scott Bessent, took part in a confirmation hearing with lawmakers on Thursday. He said additional sanctions on Russia could be imposed to help end the war in Ukraine.

CBS News on MSN · 2d

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.

Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil

President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent and that he is ready to impose tougher sanctions on Russia's oil sector.

federalnewsnetwork.com · 2d

Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel

Bessent pledged to maintain a free IRS tax filing system at least for the 2025 tax season, while studying whether it should continue after that.

Hosted on MSN2d

Russia's international reserves up to $609.5bn in 2024, but the NWF down by over a trillion rubles to RUB3.8 trillion

Russia's international reserves were reported at $609.5bn as of January 3, a fall of $1.8bn from the previous week but up ...

8d

US to impose sanctions on Russian oil fleet, document shows

The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S.

3don MSN

Russia is on pace to run out of financial reserves by this fall, which would cripple war efforts, economist says

Russia has spent most of its National Wealth Fund in the past few years, with liquid funds potentially being depleted in 2025 ...

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