It is now a belief among many in energy markets that president-elect Donald Trump will succeed in driving oil prices down, possibly even further than during Joe Biden’s term.
Unhedged has not written about QT in a while for a simple reason: it’s been working. After QT contributed to 2019’s repo crisis, many feared that the newest QT cycle, started in 2022, may lead to ...
Such are the crosscurrents coursing through the biography of Scott Bessent, President-elect Donald J. Trump’s pick for Treasury secretary. The appointment would give him vast power over the ...
Sen. Cynthia Lummis (R-WY) met with Treasury Secretary nominee Scott Bessent, expressing confidence in his support for digital assets, particularly Bitcoin. In a push to establish a U.S. strategic ...