Watch Trump’s Treasury secretary pick Scott Bessent testify live before Senate on tariffs, dollar

Watch Trump’s Treasury secretary pick Scott Bessent testify live before Senate on tariffs, dollar


President-elect Donald Trump’s pick for Treasury secretary testifies Thursday before the Senate Banking Committee, both stating his case for the position and laying out the economic agenda for the new administration.

Businessman Scott Bessent, an investor, hedge fund manager and billionaire political donor who once worked with George Soros, will offer remarks then take questions from the panel.

In a statement he is expected to deliver, the anticipated Cabinet nominee will pitch Trump’s vision for America.

“Today, I believe that President Trump has a generational opportunity to unleash a new economic golden age that will create more jobs, wealth and prosperity for all Americans,” Bessent says in the remarks.

“President Trump was the first president in modern times to recognize the need to change our trade policy and stand up for American workers,” he adds.



Source

London IPO fundraising hits a three-decade low in another blow to the UK capital
World

London IPO fundraising hits a three-decade low in another blow to the UK capital

City of London skyline with 20 Fenchurch Street, affectionately nicknamed the Walkie Talkie, in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Fundraising from London IPOs slumped to at least a three-decade low in the first half of this year, new data showed on Friday – raising fresh questions about the fading […]

Read More
Defense tech stocks have surged – and analysts say these names have higher to go
World

Defense tech stocks have surged – and analysts say these names have higher to go

From the battlefield to the halls of Congress, a shake-up is underway that will change how armed forces around the world prepare for conflict and engage with adversaries. June began with a wake-up call about how versatile and effective drones could be in warfare. After 18 months of planning, Ukraine successfully smuggled containers armed with […]

Read More
A year after its landslide win, Britain’s Labour Party is navigating a tougher-than-expected path
World

A year after its landslide win, Britain’s Labour Party is navigating a tougher-than-expected path

British Prime Minister Keir Starmer and his wife Victoria Starmer react as they greet Labour campaigners and activists at Number 10 Downing Street, following the results of the election, in London, Britain, July 5, 2024.  Toby Melville | Reuters It’s been one year since Labour returned to power in a landslide victory that appeared to show […]

Read More