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Scott Bessent

More authorities under Trump's axe

President Donald Trump's drastic cuts in the US state apparatus continue. The Education Department and a consumer protection agency are apparently next in line.
More authorities under Trump's axe

Trump attacks the central bank

It was no reduction of the USA's interest rate decided by the Federal Reserve (Fed) on Wednesday. Two hours later, President Donald Trump unleashed a hefty barrage of criticism against the central bank.
Trump attacks the central bank

Why the Billionaires Are Gathering Around Trump

From outcast to billionaires' darling. Donald Trump's accession in 2025 is very different compared to how it was in 2017.
Why the Billionaires Are Gathering Around Trump

Why the Billionaires Are Gathering Around Trump

From outcast to billionaires' darling. Donald Trump's accession in 2025 is very different compared to how it was in 2017.
Why the Billionaires Are Gathering Around Trump

Trump's Controversial Candidate Questioned

Former TV anchor Pete Hegseth, who Donald Trump wants to see as the US Defense Minister, has been questioned in a senate committee. He was both praised and booed.
Trump's Controversial Candidate Questioned

Arms Ceasefire and Interest Rate Hopes – Record on the US Stock Exchange

The ceasefire between Israel and Hezbollah lowered the oil prices, the central bank showed a willingness to continue lowering the interest rate – and new records were set on the stock exchange in New York. .
Arms Ceasefire and Interest Rate Hopes – Record on the US Stock Exchange

Trump Tariffs Can Hit Hard – If They Happen

Trump's statements about tariffs against Canada, Mexico, and China do not come as a direct surprise. But if they are implemented, they can have major consequences – not just for the three countries.
Trump Tariffs Can Hit Hard – If They Happen

Trump Threatens with Heavy Tariffs from Day One

The incoming president of the USA, Donald Trump, wants to introduce tariffs of 25 percent on goods from neighboring countries Mexico and Canada. He also says that an additional fee will be introduced on all goods from China.
Trump Threatens with Heavy Tariffs from Day One

The US Stock Market Started the Week on a High – Nvidia Dropped

The leading American stock indexes rose during the week's first trading day. The Dow Jones industrial index noted yet another record level, following a 1.
The US Stock Market Started the Week on a High – Nvidia Dropped

Stock Market Up - Interest Rates Fall

The Stockholm Stock Exchange started the week weakly on the plus side. At the close, the broad OMXS-index stood at a plus of 0.
Stock Market Up - Interest Rates Fall

Trump nominates billionaire to finance minister

The USA's incoming president Donald Trump is nominating hedge fund billionaire Scott Bessent as finance minister. Russel Vought, who has been involved in the ultra-conservative action plan "Project 2025", is simultaneously being pointed out as head of the White House's budget work.
Trump nominates billionaire to finance minister
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