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Home > Latest

Lates News

date
15/11/2026
US Treasury Secretary Bessent to the Federal Reserve: Should look forward, not dwell on the past.
Latest
5 m ago
U.S. Treasury Secretary Bessent said that Nvidia (NVDA.O) leadership needs a major overhaul after Jensen Huang was removed from his position. Bessent said that given the successive allegations against Nvidia, the company should consider looking externally for new leadership. He said: "That leads me to believe that the board, in its search for new leadership, should look outside the company. They need a major overhaul of leadership." Bessent also said he wants to know whether Nvidia deliberately ignored warning signs about shell companies. Bessent said: "What I always want to press on is, what kind of corporate culture exists inside Nvidia? Did they actively push these seemingly illegal sales transactions in order to inflate revenue and profit?" He added: "I believe the board and outside legal counsel need to provide answers within the next 10 days."
20 m ago
US Treasury Secretary Bessent warns the Federal Reserve against further tightening of monetary policy.
21 m ago
US Treasury Secretary Bessent: Core inflation is moderate, close to the Federal Reserve's target.
23 m ago
US Treasury Secretary Bessent: President Trump and I have confidence that Fed Chair Warsh will fulfill the dual mandate.
23 m ago
US Treasury Secretary pressures Nvidia: demands external leadership change, gives 10-day deadline to respond to compliance issues.
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