Podcasts about us treasury secretary

A review of the week's major US international tax-related news. In this edition:  US Senate approves budget reconciliation 2.0 bill – US Treasury Secretary testifies before congressional tax writing committees – House Ways and Means Committee to hold hearing on digital taxation on 9 June – USTR proposes additional ad valorem tariffs on 60 US trading partners – OECD releases public consultation draft on transfer pricing intra-group services.

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The US and Iran have reached a preliminary deal to extend a ceasefire by 60 days and discuss the future of Tehran’s nuclear program, according to a person with knowledge of the matter. Vice President JD Vance said the US and Iran are “going back and forth on a couple of language points,” including over issues relating to Tehran’s nuclear capabilities, and that Iran appears to be negotiating in good faith. The US Treasury Secretary reiterated President Trump’s three “red lines” — reopening the Strait of Hormuz, Iran surrendering highly enriched uranium and ending its nuclear program — remain in place.2) Dell shares soared in extended trading after the company gave an outlook for annual sales that far surpassed analysts’ estimates. Revenue in the fiscal year ending in January 2027 will be about $167 billion, including $60 billion from the sale of AI servers, according to the company. Dell’s server business has been viewed as an AI winner this year, sparking the stock more than 150% higher through Thursday’s close.3) Anthropic PBC raised $65 billion in a funding round that valued the artificial intelligence company at $965 billion including the new investment. The funding was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, with each of the lead investors putting in more than $2 billion. Alphabet Inc.'s Google and Amazon.com Inc. also invested in the round, with Google contributing several billion dollars and Amazon investing $5 billion.See omnystudio.com/listener for privacy information.

Steven Mnuchin, founder of Liberty Strategic Capital and former US Treasury Secretary, says he supports the proposal released by the Securities and Exchange Commission that will allow US companies to choose to report earnings semiannually. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Mnuchin also comments on the economic impact of AI, the conflict in Iran, the federal budget deficit and Federal Reserve monetary policy.See omnystudio.com/listener for privacy information.

This episode of HSBC's Perspectives series features Dr Janet Yellen, former Chair of the US Federal Reserve and former US Treasury Secretary. In-conversation with Janet Henry, Global Chief Economist, HSBC, Dr Yellen shares her views on the global economic impact of the conflict in the Middle East, including what it could mean for inflation, growth and monetary policy. Drawing on her own experience, she offers a rare look inside the workings of the Federal Reserve FOMC and shares her views on possible disinflation from AI-driven productivity growth and the challenges facing US fiscal policy.Watch or listen to find out more.This episode was recorded on the sidelines of the HSBC Global Investment Summit in Hong Kong in April 2026. Find out more here https://www.business.hsbc.com/en-gb/campaigns/global-investment-summitDisclaimer: Views of external guest speakers do not represent those of HSBC.

Alan and Lionel discuss the Observer after investigative journalist Carole Cadwalladr, the paper's former features writer, suggests that some of its new funders may not be who they seem.And as Scott Bessent, US secretary to the Treasury, takes aim at the Financial Times—claiming that a story about him was “manufactured”—former FT editor Lionel gives a considered reply.The editors also examine the selection process for the new head of Ofcom. What's taking so long?And they discuss the BBC's sacking of Scott Mills, following new information about abuse allegations. Hosted on Acast. See acast.com/privacy for more information.

A review of the week's major US international tax-related news. In this edition:  US Treasury official discusses Pillar One – OECD official reviews upcoming Pillar Two guidance – IRS extends temporary relief for identifying digital assets – IRS guidance on Section 871(m) dividend equivalent amounts expected mid-year – US Treasury Secretary no longer acting IRS Commissioner, but duties remain.

Good afternoon, I'm _____ with today's episode of EZ News. Tai-Ex opening The Tai-Ex opened up 20-points this morning from Friday's close, at 28,253 on turnover of 5.4-billion N-T. The market lost ground on Friday after Wall Street fell back following President Donald Trump's meeting with China's Xi Jinping as investors remained concerned over persisting trade tensions between Washington and Beijing. Urgent Care Centers begin operating on Sundays Urgent Care Centers began operating on Sunday at 13 locations across the six special municipalities, staffed by rotating primary care physicians. Health Minister Shih Chung-liang says centers will be open on Sundays and national holidays for patients with fevers, respiratory symptoms, gastrointestinal symptoms, minor injuries or acute (急性) discomfort in children. The fees will be lower than large hospitals and are party of efforts by the government to reducing patient numbers in emergency rooms. Tainan runners shine at Penghu Cross-Island Marathon Participants from a Tainan-based group were the biggest winners at Sunday's 2025 Penghu Cross-Island Marathon. The Penghu National Scenic Area Headquarters says a total of 3,443 runners from 19 countries took part in the event. They included 101 international athletes, 2,664 from Taiwan proper, and 678 from Penghu. An eight-member team from Tainan took the line honors (最先完成賽程的榮譽) in both the men's an women's races. UK One Train Stabbing Suspect Released Without Charge British police say one of two men arrested over a stabbing attack on a train has been released without charge. The attack took place as the 6:25 p.m. train from Doncaster in northern England to London's King's Cross station was about halfway through its two-hour journey, having just departed (離開) from a stop. The only remaining suspect is a 32-year-old British man who remains in custody on suspicion of attempted murder. Police said earlier that two men, aged 32 and 35, were arrested after the attack that left 11 people hospitalized. One victim remains in a life-threatening condition – a member of train staff whom police say saved lives with his “heroic” actions. US Treasury Secretary likens Canadian tariff ad to 'election interference' US Treasury Secretary Scott Bessent has likened the Canadian province of Ontario's television advertisement criticizing Donald Trump's tariffs to 'election interference (選舉干涉)'. He also said that the US president's threat of 10% additional tariffs on Canada hasn't taken effect yet. Ira Spitzer has more from Washington. Italy Revives Temp Bridge to San Michele Venice has revived a tradition of building a temporary bridge to San Michele island for All Souls' Day. The bridge allows Venetians to walk the quarter-mile lagoon crossing to pay respects to their dead. The practice, originally made of boats lashed (綁住) together, stopped in the 1950s. It was revived in 2019 with modern pontoon construction but was interrupted by the COVID-19 pandemic. The bridge opened Thursday for the Roman Catholic holiday. Only residents could use it through Sunday, and it opens to tourists on Monday. San Michele has been Venice's main burial ground since 1807. That was the I.C.R.T. EZ News, I'm _____. －－－－以下為 SoundOn 動態廣告－－－－ 永續決策士有多元的系列節目，帶你了解從企業到國際間的永續大小事！這是一個專業又輕鬆的永續頻道，將邀請相關領域的企業家與專家來分享自身經驗及知識，對ESG、永續有興趣的朋友不能錯過！​ 快點擊下方各大平台收聽連結聆聽⬇️​ https://sofm.pse.is/8b3m8y -- 開飯、真珠及饗泰多聯手與廚神小當家強檔聯名，小當家劉昴星的大魔術熊貓豆腐、七星刀雷恩的頂級炸蟹斗及料理仙女阿貝師傅的貝氏糖醋櫻桃肉，夢幻料理等你來享用！即日起來店點購聯名料理，參加夢幻料理蒐集任務將品牌餐券帶回家！ https://sofm.pse.is/8au98z -- Hosting provided by SoundOn

Crypto News: US Treasury Secretary Scott Bessent makes big statements about Bitcoin. Bitwise just updated their XRP ETF filing to include exchange (NYSE) and fee of 0.34%. ECB to launch digital euro by 2029. Brought to you by✅ VeChain is a versatile enterprise-grade L1 smart contract platform https://www.vechain.org/ 

Simon talks to Maureen Steele, co-founder of 'American Made Foundation', about the outrageous nightmare one family is living over their cancer patient son. Despite documented proof of his treatments CPS is now involved and their lives have been turned upside down. You won't believe this story! Later, Simon talks money, finance and the economy with David Fischer from Landmark Capital. Is the economy slowing? Do you have enough gold & silver? What effects will today's announcement from the US Treasury Secretary have on the markets?

SHOW  10-20-25 1965 GAZA POWS  CBS EYE ON THE WORLD WITH JOHN BATCHELOR THE SHOW BEGINS IN THE DOUBTS ABOUT THE GAZA CEASEFIRE... FIRST HOUR 9-915 Regional Powers React to Tenuous Gaza Ceasefire and Hostage Deal. Bill Roggio and Husain Haqqani discuss how the Gaza agreement is viewed regionally as a tenuous ceasefire and hostage deal, not a path to peace. Saudi Arabia was displeased, seeking a long-term Palestinian state solution. Egypt supported the quiet to prevent domestic instability and refugee influx. Conversely, Qatar and Turkey championed the ceasefire because they are invested in Hamas and want its political and military structure to survive. 915-930 Regional Powers React to Tenuous Gaza Ceasefire and Hostage Deal. Bill Roggio and Husain Haqqani discuss how the Gaza agreement is viewed regionally as a tenuous ceasefire and hostage deal, not a path to peace. Saudi Arabia was displeased, seeking a long-term Palestinian state solution. Egypt supported the quiet to prevent domestic instability and refugee influx. Conversely, Qatar and Turkey championed the ceasefire because they are invested in Hamas and want its political and military structure to survive. 930-945 China's Military Purge Signals Deep Crisis of Confidence in Xi Jinping. Charles Burton and Gordon Chang discuss how China expelled eight senior generals, signaling a severe internal crisis and lack of confidence in Xi Jinping's leadership, potentially orchestrated by his adversaries. This turmoil suggests foreign governments should interact carefully with Xi. Economically, figures show industrial production outpacing consumption, and proposals for mandated municipal consumption goals reflect a state struggling to maintain prosperity, leading to pervasive gloom among the people. 945-1000 China's Military Purge Signals Deep Crisis of Confidence in Xi Jinping. Charles Burton and Gordon Chang discuss how China expelled eight senior generals, signaling a severe internal crisis and lack of confidence in Xi Jinping's leadership, potentially orchestrated by his adversaries. This turmoil suggests foreign governments should interact carefully with Xi. Economically, figures show industrial production outpacing consumption, and proposals for mandated municipal consumption goals reflect a state struggling to maintain prosperity, leading to pervasive gloom among the people. SECOND HOUR 10-1015 US-Ukraine Summit Yields No Tomahawk Commitment; Focus on Attrition. John Hardie and Bill Roggio discuss how reports suggest President Trump pressed Zelensky to agree to a ceasefire based on Russian territorial demands, though no commitment was made on providing Tomahawk missiles. Tomahawks would provide Ukraine with a highly useful long-range strike capability but would not be a "wonder weapon." With Russia holding a material advantage, Ukraine's best strategy is exhausting Russia's offensive potential by inflicting disproportionate attrition, independent of Trump's softening support. 1015-1030 US-Ukraine Summit Yields No Tomahawk Commitment; Focus on Attrition. John Hardie and Bill Roggio discuss how reports suggest President Trump pressed Zelensky to agree to a ceasefire based on Russian territorial demands, though no commitment was made on providing Tomahawk missiles. Tomahawks would provide Ukraine with a highly useful long-range strike capability but would not be a "wonder weapon." With Russia holding a material advantage, Ukraine's best strategy is exhausting Russia's offensive potential by inflicting disproportionate attrition, independent of Trump's softening support. 1030-1045 Gaza Ceasefire Interrupted by Violence; Hamas Reasserts Dominance. David Daoud and Bill Roggio discuss how the Gaza ceasefire was violated when Hamas killed Israeli soldiers, prompting Israeli retaliation to reinforce red lines without restarting the conflict entirely. Hamas is deliberately slowing the return of dead hostages to stabilize the ceasefire internationally. In Gaza, Hamas immediately began cracking down on rivals to reassert its dominance and prevent others from filling the power vacuum left by IDF withdrawals, signaling it remains the top power. 1045-1100 Gaza Ceasefire Interrupted by Violence; Hamas Reasserts Dominance. David Daoud and Bill Roggio discuss how the Gaza ceasefire was violated when Hamas killed Israeli soldiers, prompting Israeli retaliation to reinforce red lines without restarting the conflict entirely. Hamas is deliberately slowing the return of dead hostages to stabilize the ceasefire internationally. In Gaza, Hamas immediately began cracking down on rivals to reassert its dominance and prevent others from filling the power vacuum left by IDF withdrawals, signaling it remains the top power. THIRD HOUR 1100-1115 Houthis Maintain Threat Despite Gaza Ceasefire; New Military Chief Named. Bridget Toomey and Bill Roggio discuss how the Houthis have paused attacks in line with the Gaza ceasefire but remain capable and intent on striking Israel or the Red Sea if fighting resumes. They announced the death of strategic planner and Chief of Staff Muhammad al-Ghamari, who was killed by Israel. His replacement, Yusef al-Madani, is believed to have close ties and training with Iran. The Houthi core mission, driven by perpetual animosity toward America and Israel, remains unchanged. 1115-1130 Tomahawk Missile Threat Puts Pressure on Putin's Air Defenses. Rebecca Grant and Gordon Chang discuss how Russia is highly anxious about the possible deployment of US Tomahawk land-attack missiles to Ukraine. Tomahawks, with a 1,600-mile range, can fly low and strike over 60 Russian air bases and critical energy targets. Experts say the weapon presents an "almost unsolvable air defense problem" for Russia because Putin lacks sufficient air defense systems, like the S-400, to protect such a wide area. 1130-1145 US Pressure on Venezuela/Colombia Narco-States Splits Latin American Left. Ernesto Araújo and Alejandro Peña Esclusa discuss how the US military is ramping up pressure on narco-terrorism gangs operating out of Venezuela and Colombia, causing nervousness in the Maduro regime. Trump openly attacked Maduro's key ally, Colombian President Petro, calling him an accomplice and threatening to cut aid and raise tariffs. The Venezuelan opposition is heartened, believing Maduro's fall will expose deep drug-related corruption linking members of the São Paulo Forum across the continent. 1145-1200 US Pressure on Venezuela/Colombia Narco-States Splits Latin American Left. Ernesto Araújo and Alejandro Peña Esclusa discuss how the US military is ramping up pressure on narco-terrorism gangs operating out of Venezuela and Colombia, causing nervousness in the Maduro regime. Trump openly attacked Maduro's key ally, Colombian President Petro, calling him an accomplice and threatening to cut aid and raise tariffs. The Venezuelan opposition is heartened, believing Maduro's fall will expose deep drug-related corruption linking members of the São Paulo Forum across the continent. FOURTH HOUR 12-1215 China Dominates Ukraine's Drone Supply Chain Despite Export Controls. Jack Burnham discusses how Ukraine's survival relies on its ability to produce up to 200,000 FPV drones monthly. However, 97% of Ukrainian drone producers source primary components, including rare earths for engines and chips, from China. Despite China imposing export controls on finished drones, smaller components are circumvented and supplied to both Ukraine and Russia. Finding alternative, self-reliant supply chains, potentially through US allies like Taiwan, is crucial for Kyiv. 1215-1230 China's Economic Woes and Rare Earth Export Controls Raise Global Alarms. Elaine Dezenski discusses how the US Treasury Secretary remarked that China's worrying economic fundamentals—including high debt and youth unemployment—are leading Beijing to use tactics like rare earth export controls to undermine the global economy. China acts as a "non-market player" using subsidies and forced labor, which corrodes the free market. Experts suggest the US must acknowledge these non-market practices and push for transparency and adherence to new, strict global trade rules. 1230-1245 Iran Trash-Talks Trump; Nuclear Ambitions Become More Overt. Jonathan Sayeh and Bill Roggio discuss how Iran's Supreme Leader publicly rejected Trump's appeals for negotiations, a move primarily aimed at boosting domestic morale following regional setbacks. However, a top nuclear scientist overtly claimed Iran has the capacity to build a nuclear bomb, suggesting weaponization ambitions are becoming less covert. Tehran views its regional position as a lose-lose scenario but uses the Gaza ceasefire as a critical breathing room opportunity to rearm its weakened proxies. 1245-100 AM Hamas Cracks Down on Rival Clans in Gaza Post-Ceasefire. Ahmad Sharawi and Bill Roggio discuss how following the Gaza ceasefire, Hamas cracked down on rival clans and militias, like the Dughmush clan, to reassert its dominance. Hamas labeled the Dughmush clan, known for smuggling and past criminal activity, as Israeli collaborators. Anti-Hamas groups, including former PA security forces, are vastly outnumbered and less capable than Hamas, which remains the strongest faction in Gaza and uses these executions to deter future competition.

China's Economic Woes and Rare Earth Export Controls Raise Global Alarms. Elaine Dezenski discusses how the US Treasury Secretary remarked that China's worrying economic fundamentals—including high debt and youth unemployment—are leading Beijing to use tactics like rare earth export controls to undermine the global economy. China acts as a "non-market player" using subsidies and forced labor, which corrodes the free market. Experts suggest the US must acknowledge these non-market practices and push for transparency and adherence to new, strict global trade rules. 1899 CANTON (NOW GUANGZHOU)

HEADLINE: China's Rare Earth Threat and Trump's Unacknowledged Win GUEST NAME: Liz Peek SUMMARY:Liz Peek discusses US Treasury Secretary Scott Bessent's harsh critique of China's rare earth threats, viewing it as confirmation of Beijing's failing export-driven economy and desperation. She notes the US vulnerability due to dependence on China for rare earth processing. Domestically, the failure of subprime auto loan lenders signals stress in the private credit market and consumer weakness. Peek also highlights the reluctance of Democrats and the left to acknowledge President Trump's success in achieving the Gaza ceasefire. 1955

HEADLINE: China's Rare Earth Threat and Trump's Unacknowledged Win GUEST NAME: Liz Peek SUMMARY:Liz Peek discusses US Treasury Secretary Scott Bessent's harsh critique of China's rare earth threats, viewing it as confirmation of Beijing's failing export-driven economy and desperation. She notes the US vulnerability due to dependence on China for rare earth processing. Domestically, the failure of subprime auto loan lenders signals stress in the private credit market and consumer weakness. Peek also highlights the reluctance of Democrats and the left to acknowledge President Trump's success in achieving the Gaza ceasefire. 1958

I am worried about the global economySimon Jack, BBC Business Editor speaks to global financial titan Jamie Dimon. He's the Chief Executive and Chairman of JP Morgan Chase, America's largest bank, and one of the biggest banks in the world. He oversees more than $4 trillion of assets, and has the ear of world leaders.He believes we are living in a time of uncertainty, and is concerned about the impact on the global economy. The risk of a serious fall in the US stock market within the next two years is being underestimated, he claims, adding he is far more worried about this than others. But he still puts his faith in the American economy, saying it is the best in the world. And while he says the United States is now a “less reliable” international partner, it is thanks to the actions of President Trump that other NATO members have stepped up their spending on defence. Such investment he believes is essential, in a world more dangerous since the Russian invasion of Ukraine.Jamie Dimon has been at the helm of JP Morgan Chase for nearly twenty years. Now he has been tipped as a potential US Treasury Secretary, something he says is not on the cards.Thank you to the Big Boss Interview team for their help in making this programme. The Interview brings you conversations with people shaping our world, from all over the world. The best interviews from the BBC. You can listen on the BBC World Service, Mondays and Wednesdays at 0700 GMT. Or you can listen to The Interview as a podcast, out twice a week on BBC Sounds or wherever you get your podcasts.Presenter: Simon Jack Producers: Oliver Smith, Lucy Sheppard Editor: Justine LangGet in touch with us on email TheInterview@bbc.co.uk and use the hashtag #TheInterviewBBC on social media.

In a moment when campus culture wars dominate headlines and government is putting enormous pressure on universities to change, two titans of American academia meet for a rare public conversation at 92NY. Lawrence H. Summers, President Emeritus of Harvard University and former US Treasury Secretary, and Lee C. Bollinger, President Emeritus of Columbia University and one of the nation's leading First Amendment scholars, take on a question that cuts to the heart of American intellectual life: When the conservative media and federal authorities say that elite universities have been captured by a progressive ideology that is destroying higher education, are they right, or are universities still essential engines of free inquiry and democratic renewal in which a wide-range of perspectives and viewpoints can be expressed, explored and critically examined? The stakes could not be higher: Billions of dollars in federal funding; the future of some of America's oldest and most important institutions; and the character of our country's leadership for generations to come. Is American higher education at risk? Summers raises concerns that universities may have become too one-sided in their thinking and are risking public trust, while Bollinger believes such claims have been overstated and that universities continue to reflect a broad range of ideas. Moderated by Robert Costa of CBS News and CBS Sunday Morning, this event launches the new season of 92NY's Dialogue Project, a series dedicated to modeling civil, incisive public debate at a time when it is urgently needed. Don't miss this chance to witness two of the sharpest minds in higher education wrestle with a question that will shape the future of intellectual life in this country.

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.0:00 "Make Argentina Great Again"5:30 China Talks Soybeans6:12 Production Cost Task Force9:03 Day Trading is Stupid11:23 Ethanol Production12:23 Flash Sales

In Japan, a stronger yen is set to emerge from this week’s gathering of central bankers in Jackson Hole after verbal intervention last week from US Treasury Secretary Scott Bessent gave the currency traction amid what is widely expected to be a dovish period for the US dollar. Governor Ueda has so far balked at preparing markets for another BOJ hike, wary of political blowback at home. But with the US Treasury Secretary now cast as the external foil, there’s still a month to prime investors for a live September meeting. For more, we speak to Bloomberg's Paul Dobson, Executive Editor for Asia Markets.Plus - Investors will be looking to Fed Chair Jerome Powell’s remarks at Jackson Hole for confirmation that US rate cuts are coming sooner rather than later. A September move is nearly fully priced, and looser US financial conditions have been a key driver of gains for risk assets across the globe. The suspense ahead of this week’s gathering will likely keep investors cautious. We heard from Skyler Weinand, Founder and Chief Investment Officer at Regan Capital.See omnystudio.com/listener for privacy information.

Brazil's President Luiz Inácio Lula da Silva says more than $5 billion in credit will go to companies which face 50 per cent tariffs to export goods to the US. The US Treasury Secretary, Scott Bessent, says a controversial deal that the White House struck with chipmakers Nvidia and AMD, handing over 15% of their Chinese sales in return for export licences, could be rolled out to other industries. Startup companies in the US have started a no-shoes-in-the-office policy, meaning that you take your shoes off when you come into the office and wear optional slippers.Throughout the programme, Leanna Byrne will be joined by two guests on opposite sides of the world – Diane Brady, Executive Editorial Director at Fortune magazine in New York, and Han-Shen Lin, China Country Director, The Asia Group, in Shanghai.

Brazil's President Luiz Inácio Lula da Silva says more than $5 billion in credit will go to companies which face 50 per cent tariffs to export goods to the US. The US Treasury Secretary, Scott Bessent, says a controversial deal that the White House struck with chipmakers Nvidia and AMD, handing over 15% of their Chinese sales in return for export licences, could be rolled out to other industries. Startup companies in the US have started a no-shoes-in-the-office policy, meaning that you take your shoes off when you come into the office and wear optional slippers.

Shona Murray, Europe correspondent at Euronews, reports on Wednesday's deadline for a higher rate of US tariffs on goods from the European Union coming into force.

US Treasury Secretary Scott Bessent rejects the idea that the dollar’s recent declines raise concerns about its status as the world’s key currency. He discusses this, trade, the Federal Reserve and President Trump's sweeping tax and spending bill with hosts Romaine Bostick and Matt Miller. See omnystudio.com/listener for privacy information.

Treasury Secretary Scott Bessent indicated it wouldn’t make sense for the government to ramp up sales of longer-term securities given where yields are today, though he held out hope that interest rates across maturities will be falling as inflation slows. He spoke to host Sonali Basak about the yields, as well as the future successor for Fed Chair Powell, Trump's tax bill and the latest on trade deals.See omnystudio.com/listener for privacy information.

Encouraging signs of easing inflation have lifted rate cut hopes and sent US markets to fresh record highs. Investors were further buoyed by comments from the US Treasury Secretary highlighting progress on rare earth mineral agreements. Meanwhile, a tentative ceasefire in the Middle East has kept gold prices subdued, while oil stabilised after recent sharp declines. Closer to home, the ASX 200 is expected to open flat on Monday as investors await key economic data out of China. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

UK’s Prevent program labels fear of mass migration as extremist ideology, England faces backlash over what critics call a new blasphemy law. Plus, Elon Musk reportedly body-checks US Treasury Secretary during a heated White House exchange.See omnystudio.com/listener for privacy information.

US Treasury Secretary Scott Bessent discusses the US and China reaching an agreement on a 90-day pause and lowering of tariffs. He speaks with Bloomberg's Jonathan Ferro and Lisa Abramowicz.See omnystudio.com/listener for privacy information.

In this World Business Report special, Will Bain looks at how US tariffs have affected the Chinese economy, with the two countries set to hold their first talks since the start of the trade war. The US Treasury Secretary, Scott Bessent, will meet China's Vice Premier, He Lifeng, in Switzerland on Saturday. The US introduced a one- hundred and forty-five percent tariff on Chinese imports last month, while China placed retaliatory one hundred and twenty five percent import taxes on American goods. Will hears from Chinese exporters and trade experts.

“The farther back you can look, the farther forward you are likely to see.” Winston ChurchillBigTentUSA was honored to host an urgent and “must listen to” conversation with Ed Luce, U.S. national editor and columnist for the Financial Times, and Charlie Sykes, founder and former editor-at-large of The Bulwark and now the Substack Newsletter To The Contrary.Luce and Sykes unpacked the anti-democratic warning signs and economic threats flashing across the global stage. And as democracy faces mounting threats around the world, Luce's new biography of Zbigniew Brzezinski offers timely lessons. Luce and Sykes dove into why his legacy matters now—and what it teaches us about today's shifting geopolitical landscape.4 Call to Actions:* Subscribe to Charlie Sykes Newsletter HERE* Buy Ed Luce's Book “Zbig” HERE* Support your local NPR Station. To find your member station use this LINK* R.E.M. have shared a new benefit EP titled Radio Free Europe 2025. The five-track project includes a new remix of the band's 1981 debut single, “Radio Free Europe.”The EP is out now digitally. Proceeds will go to Radio Free Europe/Radio Liberty (RFE/RL), the editorially independent, nonpartisan, and nonprofit 501(c)(3) corporation that inspired R.E.M.'s early single. LINKABOUT THE SPEAKERSEdward Luce is the US national editor and columnist at the Financial Times. Luce's forthcoming biography of Zbigniew Brzezinski, Zbig, The Life of Zbig Brzezinski: America's Great Power Prophet, comes out in May 2025.Before that he was the FT's Washington Bureau chief. Other roles have included South Asia bureau chief, Capital Markets editor, and Philippines Correspondent. Luce was previously the speechwriter for the US Treasury Secretary, Lawrence H. Summers, in the Clinton administration.He is the author of three highly acclaimed books, The Retreat of Western Liberalism (2017), Time to Start Thinking: America in the Age of Descent (2012), and In Spite of the Gods: The Strange Rise of Modern India (2007).Charlie Sykes is the author of the Substack newsletter, “To the Contrary,” and contributes to The Atlantic and MSNBC. His most recent book, How the Right Lost Its Mind, published by St. Martin's Press, was released in October 2017.Sykes has written for The New York Times, The Atlantic, The Weekly Standard, The Washington Post, Commentary, The Wall Street Journal, Politico, The Los Angeles Times, Newsweek, Time.com, USA Today, National Review, The New York Review of Books, the New York Daily News, and other national publications.Watch YouTube Recording Learn More: BigTentUSA This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit bigtentnews.substack.com

Simon's live update for Radio New Zealand's "Morning Report" with Corin Dann anchoring.

The US Treasury secretary says the IMF and World Bank have deviated from their purpose. Also: The US issues Ukraine with an ultimatum, and proof that a Roman gladiator in Britain was bitten by a lion.

Former US Treasury Secretary Lawrence Summers says there is a substantial need for Harvard University to reform in respect to antisemitism, discipline of students and widening of perspectives. Speaking to Wall Street Week Anchor David Westin, Summers says he believes there's a risk on both sides as he wants the institution to make changes but does not want the government to "order universities around."See omnystudio.com/listener for privacy information.

AP Washington correspondent Sagar Meghani reports on Treasury Secretary Scott Bessent saying a trade war with China is not sustainable.

Treasury Secretary Scott Bessent sought to calm investors’ various concerns on topics including tariff policy, the recent selloff in Treasuries and questions over Fed independence. Bessent spoke to Bloomberg's Annmarie Hordern. See omnystudio.com/listener for privacy information.

Former Treasury Secretary Lawrence Summers warned that the US is now likely headed toward a recession, and two million jobs could be lost due to President Donald Trump's tariffs. He is joined by Bloomberg's David Westin.See omnystudio.com/listener for privacy information.

Daniel Flatley covers the Treasury Department for Bloomberg and joins KMOX's Megan Lynch to talk about the US Treasury Secretary issuing warnings about federal debt.

Former US Treasury Secretary Lawrence H. Summers sits down with Bloomberg's David Westin to discuss the impending tariffs, what's at stake and what to expect. They also cover the actions taken against certain universities.See omnystudio.com/listener for privacy information.

On the Tuesday night episode we have some news off the top and then multiple topics to propose for calls: Comments from the US Treasury Secretary about The American Dream made me wonder what the audience believes the American Dream even is? Poor grammar, I know. Unleash Your Brain w/ Keto Brainz Nootropic Promo code FRANKLY: https://tinyurl.com/2cess6y7 Read the latest Quite Frankly Bulletin: http://www.tinyurl.com/5c8ybku7 Sponsor The Show and Get VIP Perks: https://www.quitefrankly.tv/sponsor Badass QF Apparel: https://tinyurl.com/f3kbkr4s Elevation Blend Coffee: https://tinyurl.com/2p9m8ndb One-Time Tip: http://www.paypal.me/QuiteFranklyLive Send Holiday cards, Letters, and other small gifts, to the Quite Frankly P.O. Box! 15 East Putnam Ave, #356 Greenwich, CT, 06830 Send Crypto: BTC: 1EafWUDPHY6y6HQNBjZ4kLWzQJFnE5k9PK LTC: LRs6my7scMxpTD5j7i8WkgBgxpbjXABYXX ETH: 0x80cd26f708815003F11Bd99310a47069320641fC For Everything Else Quite Frankly: Official Website: http://www.QuiteFrankly.tv Official Forum: https://bit.ly/3SToJFJ Official Telegram: https://t.me/quitefranklytv Twitter Community: https://tinyurl.com/5n8zmwx8 GUILDED Chat: https://bit.ly/3SmpV4G Discord Chat: https://discord.gg/KCdh92Fn Twitter: @QuiteFranklyTV Gab: @QuiteFrankly Truth: @QuiteFrankly GETTR: @QuiteFrankly MINDS: @QuiteFrankly Streaming Live On: QuiteFrankly.tv (Powered by Foxhole) FULL Episodes On Demand: Spotify: https://spoti.fi/301gcES iTunes: http://apple.co/2dMURMq Amazon: https://amzn.to/3afgEXZ SoundCloud: http://bit.ly/2dTMD13 Google Play: https://bit.ly/2SMi1SF BitChute: https://bit.ly/2vNSMFq Rumble: https://bit.ly/31h2HUg Kick: https://kick.com/quitefranklytv

Former US Treasury Secretary Lawrence H. Summers says there is about a 50% chance of a recession this year. He discussed this and more with Bloomberg's David Westin on Bloomberg Television.See omnystudio.com/listener for privacy information.

Former US Treasury Secretary Steve Mnuchin sits down with Bloomberg's David Rubenstein at the Bloomberg Invest Conference in New York City. They discuss taxes, strength of the dollar, private equity and more.See omnystudio.com/listener for privacy information.

Former US Treasury Secretary Lawrence H. Summers joined Bloomberg's Joe Mathieu and Kailey Leinz on "Balance of Power" to discuss President Donald Trump's address to Congress, the impact of tariffs on the economy, the Department of Government Efficiency and threats to the US dollar.See omnystudio.com/listener for privacy information.

US Treasury Secretary Scott Bessent speaks on Donald Trump's meeting with Ukrainian President Volodymyr Zelenskiy to the White House and his thoughts on tariffs. He speaks with Bloomberg's David WestinSee omnystudio.com/listener for privacy information.

US President Donald Trump says he will impose 25% tariffs on all steel and aluminium imports on Monday—a move that will have the biggest impact on Canada. Is tech failure at a multinational corporation and putting customers offline for a few hours worse than a cyberattack at a small company in one city? We hear about major disruptions to IT systems and how difficult it is to assess the most damage. The US Treasury Secretary, Scott Bessent, has been told to stop minting one-cent coins, or pennies, by US President Donald Trump in an announcement on social media. So, is this the end of the one-cent coin, and what difference does that make if one cent won't buy you very much? We hear experts' thoughts.

US Treasury Secretary Scott Bessent discusses Treasury Department concerns with Bloomberg's Saleha Mohsin. See omnystudio.com/listener for privacy information.

US Treasury Secretary-nominee Bessent is a more orthodox cabinet nominee. Yesterday's confirmation hearings saw generally articulate answers. The responses on trade taxes were troubling. Bessent's idea that an appreciating currency offsets tariffs is not supported by recent evidence. The idea that US workers will not pay trade taxes is wrong. As he's an intelligent individual, these views may reflect the beliefs of the incoming administration, not Bessent's understanding.

Today's guest is the new US Treasury Secretary, serving under Donald Trump. The role gives him immense responsibility for managing US obligations and finances, including circa. $7 trillion of annual US federal spending, the $35+ trillion fiscal debt pile and continued inflationary pressures on both US businesses and consumers. Prior to this, Scott was a globally respected and market-moving hedge fund investor. He was key player on the George Soros's team, who in 1992 helped the Quantum Fund make $1bn, shorting sterling ahead of the UK's withdrawal from the ERM. Then, as Soros's CIO, he was also dubbed ‘The Man Who Broke the Bank of Japan' by the Wall Street Journal, making approximately $3.5bn on the Abenomics trade from 2012-2015! Scott is widely acknowledged to be one of the world's most highly respected macro hedge fund managers, and is the Founder of Key Square Capital Management. He has also taught financial history at Yale and is a prominent philanthropist. In this episode, Scott explains the key ingredients in being a macro manager. He charts his journey, working with legendary investors such as Stan Druckenmiller and George Soros. He opines on a range of key investment themes, including his thoughts on de-dollarisation, debt, commodities, the Ukraine rebuild, and AI. He also shares his analysis of the fast-evolving markets in both China and Japan. Scott goes on to discuss risk, when and how he sizes positions, signposts that influence conviction, and dealing with information overload. A tour de force! Interview originally recorded in September 2023. ​​The Money Maze Podcast is kindly sponsored by Schroders, IFM Investors, World Gold Council and LSEG. Sign up to our Newsletter | Follow us on LinkedIn |  Watch on YouTube

On this week's Spectator Out Loud: Kate Andrews examines the appointment of Scott Bessent as US Treasury Secretary (1:20); Mark Galeotti highlights Putin's shadow campaign across Europe (7:10); Adrian Pascu-Tulbure reports on the surprising rise of Romania's Calin Georgescu (15:45); Michael Hann reviews Irish bands Kneecap and Fontaines D.C. (22:54); and Olivia Potts provides her notes on London's Smithfield Market, following the news it may close (27:28).    Produced and presented by Patrick Gibbons.

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.Trump's New Tariff Plans and Their Impact on TradeDonald Trump is taking bold steps to address migration and drug trade concerns by imposing additional tariffs. Trump plans to add a 10% tariff on imported goods from China and 25% tariffs on goods from Mexico and Canada. The tariffs are part of a broader effort to discourage migration and curb drug trafficking. These new tariffs would complement his earlier plans for 60% tariffs on Chinese imports and 20% on global imports.US Winter Wheat Conditions Improve with RainfallUS winter wheat conditions improved dramatically last week thanks to recent rainfall across the High Plains. The crop is now rated 55% good to excellent, a marked improvement from 49% the prior week and 45% on average. The 17% improvement since the end of October is the best for this time of year since 2018. Only 12% of the crop is rated poor to very poor, down from 23% last month.Brazil Soybean Planting Near CompletionBrazil's soybean planting is nearing completion, with 86% of the expected area already planted by last Thursday. This is up from 80% the previous week and significantly ahead of last year's pace of 74%. US Halts Mexican Cattle Imports Due to Screwworm DiscoveryThe US has halted Mexican cattle imports after the discovery of New World screwworm in a cow near the Guatemalan border in Chiapas, Mexico. This parasite causes severe infections and can infest both animals and humans. As Mexico is the largest source of US cattle imports, this halt is expected to dramatically reduce the supply of feeder cattle, sending futures soaring to their highest levels since July. Imports from Mexico, which were up 21.3% this year, are expected to be restricted for at least the next month.Coffee Futures Surge Amid Supply ConcernsCoffee futures saw a significant surge on Monday, with Arabica coffee climbing 3% to its highest level since 1997. Robusta futures also hit their highest since the 1970s. Concerns over supply shortages in Brazil and Vietnam are driving prices up. While Brazil experienced heavy rains in October, earlier hot and dry conditions have damaged coffee trees, impacting the upcoming season's production. The USDA forecasts Brazil's coffee stockpiles to fall 26% by the end of the season, exacerbating concerns.Scott Bessent Expected to Soften Trump's Economic PoliciesFinancial markets reacted positively to Scott Bessent's appointment as US Treasury Secretary. Bessent, the founder of Key Square Group, is expected to advocate for a more gradual use of tariffs and a focus on economic growth through regulation reduction. His appointment has led to a rise in currencies worldwide, with investors anticipating a softer stance on some of Trump's more extreme economic policies. US Soybean and Corn Export Sales UpdateUS soybean shipments declined last week, with 2.1 million metric tons (77 million bushels) inspected for export, a 7.3% drop from the previous week. However, they are still +34% higher compared to the same week last year. On the other hand, corn exports soared, reaching 903,049 metric tons (36 million bushels), which is +115% higher than last year. Wheat exports were also strong, with 360,513 metric tons (13 million bushels) sold, a +25% increase from the same week last year.

Episode 455: Toby and Kyle recap the big fight over the weekend – not the one with Jake Paul & Mike Tyson – but with viewers and Netflix as people took to social media to express their frustration of the glitchy broadcast. Then, some dissension between Trump and Musk over who should be the next US Treasury Secretary. Next, a settlement between Warner Bros. Discovery and the NBA is reached to keep content on its platform, including the hit show “Inside the NBA”. Meanwhile, AI transparency and spam call declines are the weekend's biggest winners. Lastly, important news to know in the upcoming week ahead.  Download the Yahoo! Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Get your Morning Brew Book of Crosswords HERE: shop.morningbrew.com Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Our experts discuss U.S. dollar strength and its far-reaching impact on the global economy and the world's stock markets.----- Transcript -----Michael Zezas: Welcome to Thoughts on the Market. I'm Michael Zezas, Morgan Stanley's Global Head of Fixed Income Research.James Lord: I'm James Lord, Head of FX Strategy for Emerging Markets.David Adams: And I'm Dave Adams, Head of G10 FX Strategy.Michael Zezas: And on this episode of Thoughts on the Market, we'll discuss one of the most debated topics in world markets right now, the strength of the US dollar.It's Wednesday, May 1st, at 3 pm in London.Michael Zezas: Currencies around the world are falling as a strong US dollar continues its reign. This is an unusual situation. So much so that the finance ministers of Japan, South Korea, and the United States released a joint statement last month to address the effects being felt in Asia. The US dollar's dominance can have vast implications for the global economy and the world stock markets.So, I wanted to sit down with my colleagues, James and David, who are Morgan Stanley's currency strategy experts for emerging markets and developed markets. James, just how dominant is the US dollar right now and what's driving the strength?James Lord: So, we should distinguish between the role the US dollar plays as the world's dominant reserve currency and its value, which can go up and down for other reasons.Right now, the dollar remains just as dominant in the international monetary system as it has been over the past several decades, whilst it also happens to be very strong in terms of its value, as you mentioned. That strength in its value is really being driven by the continued outperformance of the US economy and the ongoing rise in US interest rates, while growth in the rest of the world is more subdued.The dollar's international role remains dominant simply because no other economy or market can match the depth of the US capital markets and the liquidity that it provides, both as a means of raising capital, but also as a store of value for investment; while also offering the strong protection of property rights, strong sovereign credit ratings, the rule of law, and an open capital account. There simply isn't another market that can challenge the US in that respect.Michael Zezas: And can you talk a bit more specifically about the various ways in which the dollar impacts the global economy?James Lord: So, one of the strongest impacts is through the price of the dollar, and the price of dollar debt, which have an impact beyond the borders of the US economy. Because the majority of foreign currency denominated debt that corporates outside of the US issue is denominated in US dollars, the interest rate that's set by the US Federal Reserve has a big impact on the cost of borrowing. It's also the same for many emerging market sovereigns that also issue heavily in US dollars. The US dollar is also used heavily in international trade, cross border lending, because the majority of international trade is denominated in US dollars. So, when US interest rates rise, it also tightens monetary conditions for the rest of the world. That is why the US Federal Reserve is often referred to as the world's central bank, even though Fed only sets policy with respect to the US economy.And the US dollar strengthens, as it has been over the past 10 years, it also makes it more challenging for countries that borrow in dollars to repay that debt, unless they have enough dollar assets.Again, that's another tightening of financial conditions for the rest of the world. I think it was a US Treasury Secretary from several decades ago who said that the US dollar is our currency, but your problem. And that neatly sums up the global influence the US dollar has.Michael Zezas: And David, nothing seems to typify the strength of the US dollar recently, like the currency moves we're seeing with the Japanese Yen. It looks very weak at the moment, and yet the Japanese stock market is very strong.David Adams: Yeah, weak is an understatement for the Japanese yen. In nominal terms, the yen is at its weakest level versus the dollar since 1990. And if we look in real terms, it hasn't been this weak since the late 1960s. Why it's weak is pretty easy to explain, though. It's monetary policy divergence. Theory tells us that as long as capital is free to move, a country can't both control its interest rates and control the exchange rate at the same time.G10 economies typically choose to control rates and leave their currencies to float, and the US and Japan are no exception. So, while the while the Fed's policy rate has risen to multi-decade highs, Japan's has been left basically unchanged, consistent with its economic fundamentals.Now, you mentioned Japanese equities, which is also increasingly important to this story. As foreign investors have deployed more cash into the Japanese stock market, a lot of them have hedged their FX [foreign exchange] exposure, which means they're buying back dollars in the forward market. The more that Japanese equities rise, the more hedges they add, increasing dollar demand versus the yen.So, put simply, the best outcome for dollar yen to keep rising is for US rates versus Japan and Japanese equities to both keep marching higher. And for a lot of investors, this seems increasingly like their base case.Michael Zezas: That makes sense. And yet, despite the dollar's clear dominance at the moment, the consensus view on the dollar is that it's going to get weaker. Why is that the case and what's the market missing?James Lord: Yeah, the consensus has been on the wrong side of the dollar call for quite a few years now, with a persistently bearish outlook, which has largely been incorrect. I think for the most part this is because the consensus has underestimated the strength of the US economy. It wasn't that long ago when the consensus was calling for a hard landing in the US economy and a pretty deep easing cycle from the Fed. And yet here we are with GDP growth north of 2 per cent and murmurings of another rate hike entering the narrative. I also wonder whether this debate about de-dollarization, whereby the dollar's global influence starts to wane, has impacted the sentiment of forecasters a bit as well.We have seen over the past three to four years much more noise in the media on this topic, and there appears to be a correlation between the extent to which the consensus is expecting dollar weakness and the number of media articles that are discussing the dollar's status as the world's major reserve currency.Maybe that's coincidence, but it's also consistent with our view that the market generally worries too much about this issue and the impact that it could have on the dollar's outlook.Michael Zezas: Now there've been a few notable changes to Morgan Stanley's macro forecasts over the last few weeks. Our US economist, Ellen Zentner revised up her forecast for US growth and inflation. And she also pushed back our expectations for the first Fed cut. Along with this, our US rate strategy team also revised their 10-year treasury yield expectations higher. Do these updates to the macro-outlook impact your bullish view on the dollar, both near term and longer term?David Adams: So, higher US rates are often helpful for the dollar, but we think some nuance is required. It's not that US rates are moving; it's why they're moving. And our four-regime dollar framework shows that increases or decreases in rates can give us very different dollar outcomes depending on the reason why rates are moving.So far this year, rates have been moving higher in a pretty benign risk environment. And in a world where US real interest rates rise alongside equities; the dollar tends to go nowhere in the aggregate. It gains versus low yielding funders like the Japanese yen, the Swiss franc, and the euro, but it tends to weaken versus those higher beta currencies with positive carry, like the Mexican peso. It's why we've been neutral on the dollar overall since the start of the year, but we still emphasize dollar strength, especially versus the euro.If rising rates were to start weighing on equities, that would lead the dollar to start rallying broadly, what we call Regime 3 of our framework. It's not our base case, but it's a risk we think markets are starting to get more nervous about. It suggests that the balance of risks are increasingly towards a higher dollar rather than a lower one.Michael Zezas: And finally, Dave, I wanted to ask about potential risks to the US dollar's current strength.David Adams: I'd say the clearest dollar negative risk for me is a rebound in European and Chinese growth. It's hard for investors to get excited about selling the dollar without a clear alternative to buy. A big rebound in rest of world growth could easily make those alternatives look more attractive, though how probable that outcome is remains debatable.Michael Zezas: Got it. So, this discussion of risk to the strong dollar may be a good time to pause. There's so much more to talk about here. We've barely scratched the surface. So, let's continue the conversation in the near future when we can talk more about the dollar status as the world's dominant reserve currency and potential challenges to that position.James Lord: This sounds like a great idea, Mike. Talk to you soon.David Adams: Likewise. Thanks for having me on the show and look forward to our next conversation.Michael Zezas: As a reminder, if you enjoy Thoughts on the Market, please take a moment to rate and review us wherever you listen to podcasts and share Thoughts on the Market with a friend or colleague today.