Trump Treasury Pick Scott Bessent Calls for Tougher Russia Sanctions, Fed Independence During Confirmation Panel Aitrend

Trump Treasury Pick Scott Bessent Calls for Tougher Russia Sanctions, Fed Independence During Confirmation Panel

 Aitrend

Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, testifies during his Senate Finance Committee confirmation hearing in the Dirksen Building on January 16, 2025. Tom Williams/CQ-Roll Call, Inc via Getty Images President-elect Donald Trump’s pick to become Treasury secretary, Scott Bessent fielded pointed questions Thursday during his confirmation hearing from Democrats and Republicans. tax … Read more

Biden to decide on US Steel-Nippon Steel deal after panel fails to reach consensus on national security risk Aitrend

A powerful government panel failed Monday to reach consensus on the possible national security risks of a proposed nearly $15 billion deal by Japan’s Nippon Steel to buy U.S. Steel, leaving the decision to President Joe Biden, a long-time opponent of the agreement. The Committee on Foreign Investment in the United States, known as CFIUS, … Read more