Bessent to say dollar must remain reserve currency, praise Trump on trade
Bessent plans to emphasize the dollar's key role in the world and talk up Trump's approach to trade policy, according to excerpts of his prepared remarks released by Trump's transition team. He's due to say American officials "must ensure that the U.
Trump's US Treasury pick Bessent says dollar must remain world's reserve currency
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Wednesday vowed to ensure that the dollar remains the world's reserve currency as he laid out a vision for a "new economic golden age".
Treasury sec. nominee Scott Bessent says Trump should not have influence on Federal Reseve
President-elect Donald Trump's pick for treasury secretary, Scott Bessent, says the Fed should stay independent from presidential influence.
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 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.
US exceptionalism turns dollar into global problem
King Dollar, meet the Donald. After lording over most major currencies for the past three years, the greenback is likely to ...
Canada’s Plan for a Trade War: Pain for Red States and Trump Allies
Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports.
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Here's why the US dollar is 'priced to perfection' — and why it could move even higher
The US dollar (DX=F, DX-Y.NYB) extended its rebound on Wednesday ... and higher yields all act as a collective magnet for ...
Ad showing Islamic preacher burning dollars banned in blow for Khan’s TfL
Adverts showing an Islamic preacher burning US dollar and euro banknotes have been banned from tubes and buses, overruling a ...
Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat
The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian ...
Indian rupee plunges to record low of 86 per dollar
The downward spiral has been exacerbated by rising oil prices, weak capital inflows and dwindling supplies of the US dollar ...