From Scott Bessent’s expected remarks to the US Senate Finance Committee Hearing to Consider his nomination to be Secretary of the Treasury:
- We must secure supply chains that are vulnerable to strategic competitors, and we must carefully deploy sanctions as part of a whole-of-government approach to address our national security requirements,
- And critically, we must ensure that the US dollar remains the world’s reserve currency.
Hearing is scheduled for Thursday, January 16, 2025 at 10:30 AM US Eastern time.
This article was written by Eamonn Sheridan at www.forexlive.com.
