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

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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

Starmer says Treasury will be ‘ruthless’ in cutting spending amid market turmoil | Political news Aitrend

Starmer says Treasury will be ‘ruthless’ in cutting spending amid market turmoil | Political news

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Sir Keir Starmer has said the Treasury will be “ruthless” in cutting public spending as market turmoil continues. Responding to a question about the economic situation from Sky News’ political editor Beth Rigbyhe said: “The number one mission of this government is economic growth. “And that was provided for in the budget, but we are … Read more

Retail giants prepare new Treasury warning over retail jobs | Money News Aitrend

Retail giants prepare new Treasury warning over retail jobs | Money News

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Retail giants including Asda, Marks & Spencer, Primark and Tesco will host a New Year’s campaign to warn Rachel Reeves that plans to increase business rates in department stores will put jobs and workers at risk. stores. Sky News has learned that some of Britain’s biggest chains – which also include J Sainsbury, Morrisons and … Read more