U.S. Treasury Secretary Scott Bessent said on Monday that the Federal Reserve is and should remain independent, but argued the central bank has “made a lot of mistakes” and defended President Donald Trump’s decision to dismiss Fed Governor Lisa Cook over alleged mortgage fraud.
Trump has repeatedly criticised the Fed and Chair Jerome Powell for not cutting interest rates, and recently attacked him over the costly renovation of the central bank’s Washington headquarters.
“The Fed should be independent. The Fed is independent, but I also think that they’ve made a lot of mistakes,” Bessent told Reuters during an interview at a diner in suburban Washington.
The United States and Kazakhstan have agreed a locomotive deal worth up to $4.2 billion that will see Wabtec Corporation supply 300 locomotives, U.S. ...
Doctors and medical residents in the United States could be exempt from the new $100,000 visa fees imposed by the Trump administration on the H1-B ski...
U.S. Treasury Secretary Scott Bessent stated on Monday that "all options" are available to stabilise Argentina, including swap lines and direct curren...
A United Nations human rights expert said Monday that repression in Russia is escalating, targeting civilians, journalists and even Ukrainian prisoner...
A wave of Russian airspace violations from the Baltics to Poland and Germany has triggered NATO consultations and revived questions over alliance unit...
The United States and Kazakhstan have agreed a locomotive deal worth up to $4.2 billion that will see Wabtec Corporation supply 300 locomotives, U.S. Commerce Secretary Howard Lutnick announced on Monday.
Doctors and medical residents in the United States could be exempt from the new $100,000 visa fees imposed by the Trump administration on the H1-B skilled worker visa.
U.S. Treasury Secretary Scott Bessent stated on Monday that "all options" are available to stabilise Argentina, including swap lines and direct currency purchases, while emphasising President Donald Trump's confidence in Argentine President Javier Milei and his economic team.
A United Nations human rights expert said Monday that repression in Russia is escalating, targeting civilians, journalists and even Ukrainian prisoners of war in an attempt to silence dissent against the war in Ukraine.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
Doctors and medical residents in the United States could be exempt from the new $100,000 visa fees imposed by the Trump administration on the H1-B skilled worker visa.
U.S. Treasury Secretary Scott Bessent stated on Monday that "all options" are available to stabilise Argentina, including swap lines and direct currency purchases, while emphasising President Donald Trump's confidence in Argentine President Javier Milei and his economic team.
A United Nations human rights expert said Monday that repression in Russia is escalating, targeting civilians, journalists and even Ukrainian prisoners of war in an attempt to silence dissent against the war in Ukraine.
A wave of Russian airspace violations from the Baltics to Poland and Germany has triggered NATO consultations and revived questions over alliance unity as Moscow appears to probe how far it can go without provoking a larger confrontation.
Russian President Vladimir Putin offered U.S. President Donald Trump a one-year extension on Monday to the last remaining treaty limiting nuclear weapons between the two nations, as they discuss future steps.
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