Scott Bessent
US plans global stablecoin expansion to protect dollar dominance
The administration of US President Donald Trump is considering incentivizing the use of stablecoins abroad to strengthen the position of the dollar and increase demand for government bonds, Bloomberg reported.
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Democrats demand US administration explain pause in sanctions against Russia
Democratic senators Elizabeth Warren and Christopher Coons have asked US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent to explain a 17-month pause in introducing new sanctions against Russia. Lawmakers insist on restoring…
The United States lifted sanctions against Russian oil, which is already on tankers
The US Treasury Department has officially announced a temporary easing of sanctions against Russian oil. Over the next 30 days, countries are allowed to buy Russian oil and oil products that have already been loaded
