President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the ...

On 10 January 2025, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a package of new sanctions ...

Good afternoon and happy Thursday, readers! The big news of the day is from Doug Burgum’s and Lee Zeldin’s nomination hearings. But there’s also news on the future of Russia sanctions, and more.

U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, ...

Scott Bessent said passing new tax legislation is a huge economic concern for the country, including for working- and middle-class families.

Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is ...

For Moscow, Iranian President Masoud Pezeshkian's visit to Russia on Jan. 17 is a diplomatic victory. The trip's centerpiece ...

Under questioning from Sen. Mark Warner, Democrat of Virginia, Bessent said he would support toughening the sanctions regime on Russia in an effort to bring the war in Ukraine to an end. If ...

The latest US sanctions on oil tankers used to haul Russian petroleum look set to cause severe disruption across the nation’s ...

In the final days of Joe Biden’s presidency, the US unveiled its most sweeping and aggressive effort yet to disrupt the oil ...

On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia’s energy revenues, including on 183 vessels, largely ...

The latest round of U.S. sanctions against Russian oil announced last Friday could significantly disrupt the country's oil ...