Colombia agrees to accept deported migrants; US drops tariff threat but maintains other penalties for now.

Donald Trump’s Treasury secretary Scott Bessent is pushing for new universal tariffs on US imports to start at 2.5 per cent and rise gradually, said four people familiar with the proposal.

WASHINGTON (AP) — A Massachusetts man was arrested on weapons charges after he visited the U.S. Capitol on Monday and told police that he wanted to kill top Republicans, including billionaire investor Scott Bessent on the day that the Senate confirmed him as President Donald Trump’s treasury secretary, according to a Tuesday court filing.

The Senate on Monday confirmed Scott Bessent to serve as Treasury secretary in the Trump administration, making him the highest-ranking openly gay government official in U.S. history.

A brief standoff with Colombia holds important lessons for how future trade conflicts might unfold in the new Trump administration.

Neeraj Singh joins the Buffalo, New York-based bank after a four-year stint at USAA, which has seen an exodus of top executives. The megabank is simplifying the management structure of its private bank. Regional leaders will now report directly to Andy Sieg, head of wealth.

The U.S. Senate could vote to confirm Republican President Donald Trump's nominee for treasury secretary, Scott Bessent, this weekend, Majority Leader John Thune said on Thursday.

Bessent, 62, is a longtime hedge fund manager, Trump donor and adviser. He'll be the point person for Trump on a host of key economic issues.

Bessent grew up in Little River with big dreams. He’s suddenly risen so high in national politics that few South Carolinians have ever gone higher.

The U.S. Senate voted Monday to confirm hedge fund manager and South Carolina native Scott Bessent as the 79th Secretary of the Treasury.

President Donald Trump is carrying out his immigration crackdown nationwide, with over 1,000 arrests reported by ICE on Monday. The actions prompted a tense standoff between the U.S. and Colombia afte