You are currently viewing What Scott Bessent, Trump’s Treasury Pick, Might Get Asked Today

What Scott Bessent, Trump’s Treasury Pick, Might Get Asked Today

Here is the plain text result:

For businesses and markets, perhaps the most important of the hearings for the incoming Trump administration’s Cabinet picks starts on Thursday at 10:30 a.m. Eastern. Scott Bessent, President-elect Donald Trump’s choice for Treasury secretary, will likely be confirmed by the Senate. But the billionaire hedge fund manager is still expected to face tough questions about his boss’s economic agenda, which has the potential to drastically disrupt global economies and trade.

…the latest on TikTok It’s three days until a law requiring TikTok to be sold or face a ban in the United States takes effect, and the Supreme Court has yet to rule on the video app’s challenge. As the clock ticks down, here is what we know. TikTok’s C.E.O. will sit on the dais for Donald Trump’s inauguration on Monday. The Times was first to report…

…Short selling is risky. Such investors bet that a particular stock’s price will fall, usually this way: They borrow shares from other investors and sell it in the open market, hoping to buy it back at a lower price to repay their lenders. The potential upside is big, but the downside is enormous.

…There’s still plenty of fraud out there, he told DealBook in 2022. If there’s ever a time that I feel that most of the corporate fraud in America has been eliminated, then I’ll probably announce that I’ll go grow tomatoes, or something.

Source link

Leave a Reply