Bessent to Skip G20 Finance Ministers Meeting in South Africa
The Treasury secretary is the second top U.S. official to boycott the Group of 20 gatherings because of rising tension with South Africa over its land policies.
It Is Happening Every Day, Every Where
The Treasury secretary is the second top U.S. official to boycott the Group of 20 gatherings because of rising tension with South Africa over its land policies.
Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.
The president said the planned duties were a response to China’s failure to curb fentanyl exports.
Billionaires and multimillionaires are flocking to a city where power has been more important than money, but is now deeply intertwined with it.
Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and credit of the United States.
Selections for attorney general, secretary of homeland security, secretary of state and Treasury secretary are among those set to have hearings this week.
Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and China’s currency.
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.