The inspector general of the US Department of Defense has launched an investigation into Pete Hegseth’s use of the Signal application to message other top-level officials about military strikes on Houthi rebels in Yemen. The White House faced a backlash after a journalist was inadvertently added to a group chat – where specific details of…
Treasury Secretary Janet Yellen speaking with CNBC’s Sara Eisen (not shown) at the U.S Treasury Department on Jan. 8th, 2024. CNBC Former Treasury Secretary Janet Yellen will be joining an advisory board for bond giant Pimco, CNBC has learned. Joining other prominent officials in the world of economics and finance, Yellen, who also served as…
Energy Secretary Chris Wright said Thursday that the oil market is discounting President Donald Trump’s push to produce more crude and gas in the United States. “We’ve seen a market discounting the fact that clearly it’s going to be easier to produce oil and gas in the United States,” Wright told CNBC’s “Squawk Box.” “More…
HOUSTON — The U.S. could reach an agreement with Canada that avoids tariffs on imports of oil, gas and other energy resources, Energy Secretary Chris Wright said Monday. Wright said such a scenario is “certainly is possible” but “it’s too early to say” in response to a question from CNBC during a press conference at…
U.S. Treasury Secretary Scott Bessent attends at an Economic Club of New York event in New York City, U.S., March 6, 2025. Jeenah Moon | Reuters Treasury Secretary Scott Bessent on Friday acknowledged some signs of weakness in the U.S. economy. “Could we be seeing that this economy that we inherited starting to roll a…
Scott Bessent, US treasury secretary, speaks during an Economic Club of New York (ECNY) event in New York, US, on Thursday, March 6, 2025. Sanctions on Russia “will be used explicitly and aggressively for immediate maximum impact” at President Donald Trump’s guidance, Bessent said Thursday. Victor J. Blue | Bloomberg | Getty Images Treasury Secretary…
U.S. Secretary of the Treasury Scott Bessent speaks, at the White House, in Washington, U.S. February 3, 2025. Elizabeth Frantz | Reuters U.S. Treasury Secretary Scott Bessent will head to Ukraine for discussions about the war with Russia, U.S. President Donald Trump announced Tuesday. Trump said in a post on Truth Social that Bessent will…
Robert F Kennedy cleared the first hurdle needed to be confirmed as US health secretary when his nomination was approved by a Senate committee Tuesday. The vote split along party lines, 14-13, with all Republicans on the Senate Finance Committee voting in favour of the vaccine sceptic who threw his support behind Donald Trump after…
Nearly eight years ago, another Trump administration cabinet secretary barely survived her confirmation vote, advancing only after a vice president’s tiebreaker vote. That nominee was Betsy DeVos, the wealthy Republican donor who had almost no experience in public education and who was confirmed to lead the Department of Education. On Feb. 7, 2017, two Republican…
Pete Hegseth, Donald Trump’s nominee for US defence secretary, was confirmed by the Senate late on Friday night, after facing misconduct allegations that nearly derailed his confirmation. Vice-President JD Vance cast the tie-breaking vote in Hegseth’s favour, after three Republican senators, including former Senate majority leader Mitch McConnell, voted against him. During Hegseth’s confirmation hearing,…
