The Treasury Secretary Scott Bessent tried to avoid providing President Trump with a clear recommendation to lead the central bank.
Category: Mnuchin, Steven T
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A Trump DOGE Dividend Could Raise Inflation
President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.
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Robert Lighthizer: Trump’s China Trade Warrior and ‘Food Fight’ Referee
If Donald J. Trump regains the presidency, his former U.S. trade representative could lead his quest to slap punishing tariffs on foreign trading partners.
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Jamie Dimon Privately Supports Kamala Harris. He Just Won’t Say So.
JPMorgan’s chief executive has told associates of his support for the vice president, and his dislike of Donald Trump. But fearful of blowback, he won’t say it publicly.
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What’s Behind Donald Trump’s Courtship of Elon Musk
The Republican is courting the mogul to bolster his re-election fight, but the Biden campaign sees a political opportunity to exploit.
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The Big Dilemma Facing ByteDance’s US Investors
Potential bidders are circling TikTok as many in Congress demand its split from its Chinese parent. But obstacles remain, starting with Beijing.
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New York Community Bank Tries to Reassure Markets After $1 Billion Rescue
Management told investors that deposits had fallen, but the bank’s shares jumped on the details of a shift in strategy and large cash infusion led by the former Treasury secretary Steven Mnuchin.
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New York Community Bank Raises $1 Billion in Emergency Cash
Investors include Steven Mnuchin, who joined the board of the struggling midsize lender.
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Yellow’s Promise to Repay Federal Debt Provokes Skepticism
The trucking company, which has filed for bankruptcy protection, owes more than $700 million to the Treasury Department.