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The Latest Breaking News from Hank Paulson

Scott Bessent: billionaire hedge-fund manager who is ‘all in’ for Trump

The 62-year-old treasury nominee has spent his career in finance, and made a big bet on Trump winning the election

The Guardian - US

Hank Paulson says the U.S.-China relationship is ‘on the brink’ and calls it a ‘dangerous situation’

The former Treasury secretary said the U.S. should soften its rhetoric on Taiwan amid mounting tensions with China.

Fortune

Banking crisis has ‘definitely’ tipped the U.S. closer to recession, warns top Fed official who was at the center of the 2008 bailout

“Not all of these stresses are behind us," warns Minneapolis Fed President Neel Kashkari, the former administrator of the Troubled Asset Relief Program.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Bank failures and rescue test Yellen's decades of experience

Treasury Secretary Janet Yellen worked against the clock with other regulators, lawmakers and business leaders to come up with a plan that would prevent a full blown banking crisis

The Independent UK

There’s a deeper story to Silicon Valley Bank’s failure. What can we learn from it?

Financial deregulation led to the crash in 2008 and it could again in 2023. It’s time to make banking boring again

The Guardian - US

Australia's biggest economic threat isn't home-grown. It's a recession, originating in the United States

A recession in the US usually brings on a recession in the rest of the world, although not always in Australia.

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