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Trump, Treasury Secretary
How Trump's Pick for Treasury Secretary Once Helped Break the Bank of England
Trump Treasury Secretary Pick Scott Bessent once worked with George Soros, placing trades that bet against the pound, profiting more than $1 billion when the pound fell in value.
Trump's US Treasury Pick Says Question of Debt Limit Repeal Is 'Nuanced'
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of eliminating the U.S. debt limit is "nuanced," but said if Trump wants to do so he will work with him and with Congress to get it done.
Trump's Treasury Secretary pick to face big questions at confirmation hearing
Trump Treasury Secretary nominee Scott Bessent faces a Senate panel on Thursday and can expect grilling from a Democratic watchdog of Wall Street.
1d
on MSN
UK Delays Bank Rules for a Third Time on Trump Uncertainty
The UK delayed its implementation of a significant update to international bank capital rules for a third time to allow for ...
1d
BoE Delays New Rules For Banks Ahead Of Trump Presidency
The Bank of England said Friday it will delay implementing rules designed to prevent a 2008-style financial crisis as it awaits clarity on how they will be enforced in the US under Donald Trump.
1d
Bank of England's Bailey warns against risks from economic nationalism
Bank of England Governor Andrew Bailey called for the world's financial powers, led by the United States and China, to avoid ...
2d
on MSN
Mark Carney, the 'unreliable boyfriend' who ran UK's central bank
Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when ...
11d
on MSN
Donald Trump's White House return could spark mortgage misery in UK
The money paid by the the UK government for its own borrowing is getting more expensive as Donald Trump's return to the White ...
1d
UK delays Basel bank rules by a year, EU says it's weighing options
The Bank of England said on Friday it would delay tougher bank capital rules by a year to January 2027 to get clarity on what ...
2d
on MSN
Former Bank of England governor Mark Carney enters race to be Canada’s next prime minister
Mark Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s ...
Opinion
i
3d
Opinion
Trump's economic bubble might burst
So Donald Trump takes office buoyed up by the hugely confident business sector. Its leaders have been quick not only to voice ...
11d
America’s biggest bank quits Mark Carney’s net zero group
America’s biggest bank has quit Mark Carney’s net zero group amid a backlash against environmentalist capitalism.
5d
on MSN
Trump's Return To The White House Could Make Rachel Reeves' Economic Worries A Whole Lot Worse
Amid concerns that Trump could pull the US out of Nato unless other member states start to pull their weight, the defence ...
1d
Freeland Promises to Match Trump Tariffs for Canada 'dollar-for-dollar'
Chrystia Freeland has called for economic retaliation if President-elect Trump follows through with his threat to impose tariffs.
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