Trump’s Tariff Threat Roils Global Markets
Posted inAckman, William A Bessent, Scott Canada China International Relations International Trade and World Market Lighthizer, Robert E Mexico Presidential Election of 2024 Protectionism (Trade) Trudeau, Justin Trump, Donald J

Trump’s Tariff Threat Roils Global Markets

The dollar gained and investors sold off stocks after the president-elect promised to levy new restrictions on the United States’ biggest trade partners.
Can Wall Street Billionaires Deliver on Trump’s Blue-Collar Promise?
Posted inBessent, Scott Commerce Department Customs (Tariff) Lutnick, Howard W Presidential Election of 2024 Presidential Transition (US) Private Equity Protectionism (Trade) Tax Cuts and Jobs Act (2017) Taxation Treasury Department Trump, Donald J United States Economy United States Politics and Government

Can Wall Street Billionaires Deliver on Trump’s Blue-Collar Promise?

The president-elect has named wealthy financiers for key economic positions, raising questions about how much they will follow through on promises to help the working class.
The Markets Cheer Trump’s Treasury Pick, Scott Bessent
Posted inAppointments and Executive Changes Banking and Financial Institutions Bessent, Scott internal-storyline-no Lutnick, Howard W Musk, Elon Powell, Jerome H Presidential Election of 2024 Presidential Transition (US) Regulation and Deregulation of Industry Soros, George Trump, Donald J United States Economy

The Markets Cheer Trump’s Treasury Pick, Scott Bessent

Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic agenda.