President-elect Donald Trump picked prominent investor Scott Bessent to take on the role of U.S. treasury secretary.
President-elect Donald Trump picked prominent investor Scott Bessent to take on the role of U.S. treasury secretary on November 22, putting him at the helm of a cabinet position, if confirmed, with vast influence over economic, regulatory and international affairs.
Wall Street had been closely watching who Trump would choose for the coveted role, especially given his plans to remake global trade through tariffs. A handful of finalists emerged in recent days, including former Federal Reserve governor Kevin Warsh and Apollo Global Management CEO Marc Rowan.
Bessent has advocated for tax reform and deregulation, particularly to spur more bank lending and energy production, as noted in a recent opinion piece he wrote for The Wall Street Journal.
U.S. President Donald Trump threatened Iran's energy and transport infrastructure in a social media post containing expletives on Sunday (5 Apr...
At least 70 people are missing and two bodies have been recovered after a boat carrying migrants capsi...
A landslide has left one man missing while an apartment block has collapsed in Russia’s southern region of Dage...
Fuel leaked at Russia’s Baltic Sea port of Primorsk, while the NORSI oil refinery caught fire following drone attacks, Russian authorities sa...
Israeli airstrikes on the town of Kfar Hatta in Lebanon have reportedly killed six people and injured two, acco...
In a highly unusual move highlighting shifting narcotics diplomacy, the U.S. has handed over a Chinese fugitive accused of serious drug crimes to authorities in Beijing.
A U.S. judge has blocked President Donald Trump from moving ahead with plans to build a $400 million ballroom on the site of the demolished East Wing of the White House, pausing one of the most high-profile efforts to reshape the presidential complex.
A Russia-flagged tanker carrying about 700,000 barrels of crude has arrived in Cuba’s Matanzas Bay, marking the first major oil delivery to the island since the Trump administration cut off its fuel supplies.
U.S. President Donald Trump has said that the U.S is in talks with the new Iranian regime. He said this in a post on his Truth Social account but warned that the U.S. will "Obliterate" Iran's electric and oil facilities if no deal is reached, especially regarding the Strait of Hormuz closure.
One U.S. crew member has been rescued after two American warplanes were downed over Iran and the Gulf, as the search continues for a missing pilot, while President Donald Trump has given Tehran 48 hours to agree to a deal to end the war.
The U.N. Security Council is expected to vote next week on a Bahraini resolution to reopen the Strait of Hormuz and protect commercial shipping, diplomats said on Friday, amid opposition from China to any authorisation of force.
U.S. President Donald Trump threatened Iran's energy and transport infrastructure in a social media post containing expletives on Sunday (5 April), as he seperately gave Iran a deadline of Tuesday to reopen the Strait of Hormuz.
The family of the late Virginia Giuffre have urged King Charles III to meet survivors of sexual abuse during his upcoming state visit to the United States.
Senegal has taken steps to curb government spending by banning non-essential foreign travel for ministers, as rising global oil prices place increasing pressure on the country’s finances.
At least 70 people are missing and two bodies have been recovered after a boat carrying migrants capsized in the Mediterranean Sea, an Italian NGO said on Sunday (5 April).
Fuel leaked at Russia’s Baltic Sea port of Primorsk, while the NORSI oil refinery caught fire following drone attacks, Russian authorities said on Sunday (5 April).
The family of the late Virginia Giuffre have urged King Charles III to meet survivors of sexual abuse during his upcoming state visit to the United States.
British police have arrested a fourth person in connection with an arson attack on ambulances belonging to a Jewish community charity. The arrest took place at a London court on Saturday, where three other suspects were already appearing.
Senegal has taken steps to curb government spending by banning non-essential foreign travel for ministers, as rising global oil prices place increasing pressure on the country’s finances.
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