Trump's Treasury pick Bessent calls for stronger sanctions on Russia over Ukraine war
President-elect Donald Trump's pick for Treasury Secretary, Scott Bessent, said he "100%" supports raising sanctions on Russian oil producers if the future president requests doing so.
Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
WASHINGTON — U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut.
Trump’s Treasury Pick Will Face Grilling on Taxes, Tariffs, Sanctions and More
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.
Updates From Trump Treasury Pick Bessent's Confirmation Hearing
More than any other nominee, Bessent’s responsibilities are at the heart of Trump’s economic agenda, and he can expect probing questions from the committee’s members, all of whom are well-versed on financial matters and have strong opinions on trade, taxes, debt, sanctions and other areas under Treasury’s remit. The panel also includes some of the most senior members of both parties, including Senator John Thune, who was recently elected Senate Majority Leader. Thune will be a key player in shepherding Trump’s agenda through Congress, where the president can afford to lose the votes of only three of his party’s 53 senators in the chamber.
Treasury Secretary Pick Scott Bessent Says Trump Could Bring ‘New Economic Golden Age’
The fund manager will face senators at a confirmation hearing on Thursday.
U.S. Hits Sudan’s Leader With Sanctions Over Brutal Civil War
Biden administration last week penalized a Sudanese rebel group of committing genocide.
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely ...
Exclusive: U.S. to impose sanctions on Sudanese leader Burhan
Sudanese leader and army chief Abdel Fattah al-Burhan will be hit with sanctions by the United States on Thursday, three ...
‘This wasn’t on my bingo card’: shock over last-minute Biden sanctions deal with Cuba
Hundreds of prisoners set to be released as part of agreement with outgoing Biden administration that removes Cuba from ...
Trump Team Readies Oil Sanctions Plan for Russia Deal, Iran Squeeze
Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine ...
Exclusive-US to impose sanctions on Sudanese army chief Burhan
The United States will impose financial sanctions on Thursday on Sudan's leader, army chief Abdel Fattah al-Burhan, three ...
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...
US cracks down on North Korean IT worker army with more sanctions
The U.S. Treasury Department has sanctioned a network of individuals and front companies linked to North Korea's Ministry of ...
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Biden Administration Issues Sweeping Salvo of Sanctions Against the Russian Energy Sector
On January 10, 2025, in a final action to, among other things, deter Russian aggression on the international stage, the US ...
Tanker under US sanctions discharges oil at Chinese port, LSEG data shows
A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...