Michael Faulkender (UStreasurydept) Michael Faulkender, the US treasury department’s deputy secretary, is stepping down less than five months after being confirmed to the role by the Senate.“I would like to thank deputy secretary Faulkender for his dedication and service. Since January, he has played a critical role in overseeing the US Department of the Treasury’s […]
US President Donald Trump on Thursday said that the secondary tariffs imposed on India may have influenced Russian President Vladimir Putin’s decision to meet him, ahead of their scheduled summit in Alaska on Friday. Trump said the tariffs “probably” played a part in bringing Moscow to the table as he seeks a peace deal in […]
US treasury secretary Scott Bessent (Image credits: AP) US President Donald Trump said Tuesday that Treasury Secretary Scott Bessent is no longer being considered to replace Jerome Powell as Chair of the Federal Reserve, after Bessent expressed his desire to remain in his current role.“I love Scott, but he wants to stay where he is,” […]
STOCKHOLM: Top trade officials from China and the US launched a new round of talks Monday in a bid to ease tensions over tariffs between the world’s two biggest national economies.US treasury secretary Scott Bessent and Chinese vice premier He Lifeng were meeting at the offices of Sweden’s prime minister for two days of talks […]
As Elon Musk jumps into a new political party, Scott Bessent says he was not popular. President Donald Trump or vice president JD Vance did not officially comment on Elon Musk launching his new party the ‘America Party’. But the administration’s first reaction is here as treasury secretary Scott Bessent commented on Musk’s new political […]
G7 leaders fail to reach ambitious joint agreements on key issues after Trump’s exit (Image: AP) KANANASKIS: Six of the Group of Seven leaders discussed Russia’s war in Ukraine and the Israel-Iran conflict but failed to reach major agreements on those and many other top issues – closing a summit that was forced to try […]
Scott Bessent called reports of his physical fight with Elon Musk ‘fake news’. Treasury secretary Scott Bessent shot down the reports of the physical fight between him and Elon Musk over the IRS commissioner and suggested that it was fake news. This episode, where Musk apparently hit Bessent like a rugby player after being called […]
Bannon claims Elon Musk was microdosing the day he hit Scott Bessent. Donald Trump’s former aide Steve Bannon has revealed more inside details of the day that Elon Musk hit Scott Bessent outside the Oval Office after being called a ‘fraud’. Citing to ‘words’ what people were saying about the fight, Bannon said that was […]
The White House witnessed two rare phenomenon this year- an openly gay Republican taking charge of the US treasury department and that same person beating up the richest man Elon Musk. Moreover, the brawl between Scott Bessent and Musk eventually contributed to the latter’s messy break-up with Donald Trump.The confrontation unfolded in the West Wing […]
The White House witnessed two rare phenomenon this year- an openly gay Republican taking charge of the US treasury department and that same person beating up the richest man Elon Musk. Moreover, the brawl between Scott Bessent and Musk eventually contributed to the latter’s messy break-up with Donald Trump.The confrontation unfolded in the West Wing […]
