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U.S. Treasury Secretary Scott Bessent believes stablecoins will buoy the market for U.S. Treasuries, and the government will ...
Another reason for Trump's new hardline tact on India has to do with the brief shooting war between India and Pakistan that ...
U.S. Treasury Secretary Scott Bessent’s comments on stablecoins suggest a push toward CBDCs tied to U.S. Treasuries.
United States Treasury Secretary Scott Bessent has defended US action against India and explained why US President Donald Trump imposed tariffs on New Delhi and not Beijing, despite China doing trade ...
Treasury Secretary Scott Bessent said the U.S. is "very happy" with the current tariff situation with China, indicating there likely won't be any immediate changes to the trade truce between the two ...
Jerome Powell’s speech at the Federal Reserve’s August summit in Jackson Hole, Wyoming, is always a high-stakes moment. This ...
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RBC Ukraine on MSNWeapons for Ukraine face 10% markup in Europe - US Treasury
The US sells weapons to Europe at a 10% markup, after which they end up in Ukraine. The proceeds can then be used to cover the costs of protecting Ukrainian airspace, according to Finance Minister ...
Bessent went on to add in a further interview with CNBC he expects tariff revenues under President Trump to exceed his ...
Both a larger-than-expected rate cut and foundational changes at the Fed would be major pro-growth innovations in U.S.
"So, if we were to give too much certainty to the other countries, then they would play us in the negotiations," Scott Bessent said of ongoing trade talks.Andrew Harnik via Top Trump officials ...
US Treasury Secretary Scott Bessent hints that the tariffs on Chinese goods could remain in place for some time.
The Trump administration is considering taking a 10% equity stake in Intel, converting $10.9 billion in CHIPS Act grants into ownership. This move aim ...
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