US Treasury nominee says Trump can usher in ‘economic golden age’

Donald Trump’s nominee for Treasury chief defended potential tax cuts and tariffs Thursday, telling lawmakers at his confirmation hearing that the president-elect could usher in “a new economic golden age.”Scott Bessent’s appearance before the Senate Finance Committee, days before Trump returns to the White House, saw him fielding questions on issues that ranged from sanctions to central bank independence and competition with China.Bessent, a hedge fund manager, faced grilling by policymakers but is expected to see smooth confirmation to the top economic post, where he would play a crucial role implementing Trump’s economic vision.Already, the president-elect has vowed tax cuts, higher tariffs and a slash in federal spending.Bessent said Thursday that Trump has a “generational opportunity to unleash a new economic golden age that will create more jobs, wealth and prosperity for all Americans.””We can usher in a new, more balanced era of prosperity that will lift up all Americans and rebuild communities and families across the country,” he added.He took aim at government spending and high budget deficits while stressing the need to secure vulnerable supply chains and deploy sanctions carefully.Bessent, 62, also raised the need to make permanent Trump’s 2017 tax law — of which some provisions are set to expire at the end of the year.”If Congress fails to act, Americans will face the largest tax increase in history, a crushing $4 trillion tax hike,” Bessent said.”If we do not renew and extend, then we will be facing an economic calamity,” he cautioned, noting the middle and working classes would be hard-hit.- Tougher sanctions -If confirmed, Bessent said he would support strengthening sanctions, “especially on the Russian oil majors,” as a means to end war in Ukraine.He suggested that constraints in American energy supplies were a reason the world’s biggest economy was reluctant to apply “muscular sanctions” on Moscow or Tehran — adding that boosting production could squeeze both countries.On other policies, he disagreed that Trump’s pledges for sweeping tariffs on imports would be paid for domestically. The president-elect sees levies as a means to raise government revenue.While the Treasury has a less direct hand in tariff policy than other agencies, Bessent is anticipated to help shape the administration’s international trade stance.He said tariffs can be used to remedy unfair trade practices or in negotiations on issues like the fentanyl crisis.- China concerns -Bessent signaled a hawkish approach on China, emphasizing that Washington should ensure its lead in areas like chips and artificial intelligence.He indicated that he would push China to boost its US agriculture purchases too, enforcing the terms of a deal struck under the first Trump administration.Bessent also took aim at trade imbalances, saying Beijing was trying to export its way out of a downturn: “We cannot allow a player like this to flood our markets.”Domestically, Bessent clarified that he backs the US central bank’s autonomy on monetary policy, telling lawmakers that the Federal Reserve’s policymaking committee “should be independent” of the president.He emphasized as well that “we must ensure that the US dollar remains the world’s reserve currency.”In November, Trump threatened a 100 percent tariff on the BRICS grouping — which includes Brazil, Russia, India, China and South Africa — if they undercut the US dollar.- No debt default -On federal spending, Bessent said: “We do not have a revenue problem in the United States of America, we have a spending problem.”But he stressed that Washington would not default on its debt if he took office.He likened removing the country’s debt ceiling — a limit on government borrowing to pay for bills already incurred — to taking out a car’s handbrake.However, he committed to working with Trump to eliminate the limit if the president wanted to do so.Trump’s selection of Bessent, who is chief executive officer of investment firm Key Square Group, has been seen as a credible and safe choice.Outgoing Treasury Secretary Janet Yellen warned Wednesday that plans to extend Trump’s earlier tax cuts, which remained in place under President Joe Biden, could worsen the country’s unsustainable fiscal path.

Cuba frees jailed opposition leader in deal with Biden

Cuban opposition leader Jose Daniel Ferrer was among a group of prisoners released Thursday in a landmark deal with departing US President Joe Biden that has led to emotional reunions across the communist island.Ferrer, 54, is the most high-profile of the prisoners that Cuba began freeing Wednesday after Biden agreed to remove the country from Washington’s list of terrorism sponsors — part of an eleventh-hour bid to cement his legacy before handing power Monday to Donald Trump.”Thank God we have him home,” Nelva Ortega told AFP of her husband Ferrer, who has been in and out of prison for the past two decades. His latest stint lasted three-and-a-half years.A short while later, Ferrer urged Cubans on a Miami-based radio program to “not be afraid” to stand up to a government he said was “increasingly scared” and “increasingly weak.”In return for being removed from the US terror list that includes North Korea, Iran and Syria, cash-strapped Cuba promised to release 553 people — many of whom the Biden administration said were “political prisoners.”By Thursday, Havana had freed about three dozen people, according to rights groups.Most were arrested for taking part in mass July 2021 anti-government demonstrations over recurring power outages, food shortages and price hikes.AFP saw four prisoners emerge from the San Miguel del Padron prison on the outskirts of the capital Havana on Thursday morning. Marlon Brando Diaz, who was serving an 18-year sentence for his participation in the 2021 protests, said tearfully that he was thankful for “a new chance in life.””It’s a new start,” he said, as he hugged emotional family members.- ‘Risky move’ -The deal with Washington paves the way for increased US investment in the Caribbean island, which has been under a trade embargo for over six decades.In a sign that the thaw may be short-lived, however, Trump’s pick for secretary of state, Florida Senator Marco Rubio, suggested Biden’s decision could be reversed.The son of Cuban immigrants, Rubio is vociferously critical of that country’s government and said Trump’s incoming administration was not bound by Biden’s policies.”There is zero doubt in my mind that they (the Cuban government) meet all the qualifications for being a state sponsor of terrorism,” he said at his US Senate confirmation hearing Wednesday.The trickle of prisoner releases caused anguish for families still waiting for news of their loved ones.Authorities have not released a list or a timetable of those to be freed.Analysts said Cuba could be stalling to ensure Trump upholds the deal when he returns to the White House next week, with the remaining prisoners serving as a bargaining chip.If so, “it’s a pretty risky move,” Michael Bustamante, chair of Cuban studies at the University of Miami, told AFP. “The Trump administration might not take kindly to this game at all.”- ‘Stayed the course’ -Ferrer, from the eastern province of Santiago, has been in and out of prison for the past 20 years.A fisherman and father of six, he was one of 75 political prisoners sentenced to 25 years imprisonment in 2003 as part of the so-called Black Spring wave of repression unleashed by authorities.He was released in 2011, along with 130 other political prisoners following mediation by the Catholic Church, but resisted pressure to go into exile.Later that year, he founded the Patriotic Union of Cuba (UNPACU), one of the most active opposition organizations in a one-party state that bans rival political formations.He was re-arrested on July 11, 2021, trying to join one of the biggest protests since the revolution that brought Fidel Castro to power in 1959.Authorities say about 500 people were given sentences of up to 25 years over the unrest, but rights groups and the US embassy in Havana say the figure is closer to 1,000.Declared a “prisoner of conscience” by Amnesty International, Ferrer’s imprisonment has been a point of global contention.Bustamante described his release as “pretty big” news.”He is someone who has stayed the course,” Bustamante said, noting his “long history of political activism.”

Inmates battling LA wildfires see chance for redemption

Inmate Jacob Castro cuts firebreaks in the hills around Los Angeles. It’s hard work, but having been in prison for 29 years, it is a chance for redemption. “It’s the first thing I’ve done in my life that I’m proud of,” Castro told AFP during a short break from work. He is one of more than 900 inmates working alongside firefighters on containment or operational support in the complicated battle against fires that have ripped through Los Angeles, killing at least two dozen people and destroying homes.Firefighters say the teams are invaluable — but not everyone is happy they are there.Billionaire reality star Kim Kardashian last week lashed out at the scant wages they earn, in a practice some have likened to slavery.”There are hundreds of incarcerated firefighters, risking their lives to save us,” the “Keeping Up with the Kardashians” star wrote on social media.”They are on the Palisades fire and Eaton fire in Pasadena working 24 hour shifts. They get paid almost nothing, risk their lives… I see them as heroes.”Inmates who work in firefighting earn between $5.80 and $10.24 per day, plus an additional $1 per hour when dealing with emergencies, according to the California Department of Corrections and Rehabilitation (CDCR). The pay is set by legislation that allows prisoners to receive wages well below state minimums.Liberal California had the opportunity to change this rule in a referendum in November, but voters rejected the proposal.- ‘Second chance’ -The practice is popular with inmates, who told AFP they see it as a chance to help society — as well as to shave time off their sentences.”I love doing this, helping the community by making up for the bad decisions I made in life,” said Castro, who has a coveted spot in one of the fire training camps operated by the CDCR.”It’s a chance to redeem myself.”The inmate crews are distinguished only by their orange uniforms. Deployed to perform manual labor, they can work shifts of up to 24 hours, just like firefighters. They clear vegetation with axes, chainsaws and shovels, climbing up and down steep hills, removing dry fuels that spread the flames.”This is definitely some of the hardest work I’ve done,” said Maurice Griffin, who has already been in the service for three seasons. “It really has made a difference in my life.”I really appreciate the opportunity to not be in prison and be out changing lives and saving lives.”For Santana Felix Nolasco, 28, the skills and the discipline he has learned have been invaluable.”It’s a big opportunity for every single one of us here,” he said. “They give us a second chance for those that actually really want to change,” he said, his voice cracking with emotion.- ‘Huge contribution’ -The inmates are among thousands of firefighters from all over the United States, as well as from Mexico, who have been fighting the flames that forced tens of thousands of people from their homes and scorched 40,000 acres (16,000 hectares).”These guys put a lot of hard work in,” said Captain Joseph Cruz, who oversees a team working in the Palisades fire zone. “It’s a huge contribution.” Firefighters and prisoners talk, laugh, eat and work together. It’s a “life-changing experience for me,” said Nolasco, who wants to change his orange prisoner’s uniform for the yellow uniform of the California firefighters when he gets out.Cruz says seeing the positive effect on the men in his charge is “very rewarding.””The goal is to get a change of behavior, change of lifestyle, change of previous habits that unfortunately landed in them there in the first place,” he said.”If I retired today, and I knew that I had a couple of guys that were able to get career paths after it, after leaving here… I would be happy. “It’s a great thing, and that’s what I do it for.”

‘Justice not politics’ drove prosecutions: outgoing US attorney general

US Attorney General Merrick Garland defended the Justice Department on Thursday against what he called unfounded attacks and said prosecutions under his leadership were driven by “justice, not politics.”Garland, in an emotional farewell speech to Justice Department employees, also stressed the importance of maintaining the independence of the department from the White House and Congress.   Garland did not specifically mention Donald Trump or the president-elect’s nominee to be his successor as attorney general, Pam Bondi, in his speech. But some of his remarks were clearly aimed at the incoming administration.”I know that you have faced unfounded attacks simply for doing your jobs,” the outgoing attorney general told Justice Department staff. “But the story that has been told by some outside of this building about what has happened inside of it is wrong.”You have worked to pursue justice, not politics.”During his tenure, Garland appointed a special counsel who brought two federal cases against Trump — for seeking to overturn the results of the 2020 election and mishandling classified documents after leaving the White House.Neither case came to trial and both were dropped in line with a Justice Department policy of not prosecuting a sitting president, after Trump won the November election.Trump has threatened to pursue individuals he perceives as his political enemies but Bondi, during her Senate confirmation hearing on Wednesday, pledged that she “will not politicize” the office of attorney general.”I will not target people just because of their political affiliation,” she said. “There will never be an enemies list within the Department of Justice.”Garland said law enforcement decisions should be “based only on the facts and the law” and the Justice Department must maintain its independence from the White House and Congress.”We make that commitment not because independence is necessarily constitutionally required, but because it is the only way to ensure that our law enforcement decisions are free from partisan influence,” he said.”It is the obligation of each of us to adhere to our norms even when — and especially when — the circumstances we face are not normal,” he said.Garland also appeared to have some words of advice for his successor, saying it was incumbent upon the attorney general to ensure that the Justice Department does things “the right way.””The attorney general must ensure that this department seeks justice only with justice,” he said.

‘Mulholland Drive’ and ‘Twin Peaks’ director David Lynch dies at 78

David Lynch — the singular and surreal director of “Mulholland Drive” and television’s “Twin Peaks,” who depicted the darkness lurking beneath the wholesome surface of American life — has died. He was 78 years old.An enigmatic artist who turned his hand to arthouse and blockbuster film, television, painting and music, Lynch was considered one of US cinema’s great auteurs.”It is with deep regret that we, his family, announce the passing of the man and the artist, David Lynch,” read a statement on his official Facebook page.The cause and location of death were not specified. Lynch, who lived in Los Angeles, had suffered from emphysema after years of heavy smoking.He emerged on the US indie scene with his creepy 1977 horror “Eraserhead,” and drew both acclaim and a cult following with sadomasochist mystery “Blue Velvet” (1986) and surreal thriller “Mulholland Drive” (2001).But he may be best remembered for his mesmerizing 1990s series “Twin Peaks,” which paved the way for many a prestige television drama.With four Oscar nominations, including a trio of best director nods, the filmmaker recognizable by his shock of white hair took home just one honorary statuette, in 2019.- ‘Fearless’ -Tributes from across Hollywood swiftly poured in.Steven Spielberg called Lynch “a singular, visionary dreamer who directed films that felt handmade,” while fellow director Ron Howard hailed “a gracious man and fearless artist” who “proved that radical experimentation could yield unforgettable cinema.”Kyle MacLachlan, who starred in “Twin Peaks” and several Lynch films, called Lynch “an enigmatic and intuitive man with a creative ocean bursting forth inside of him.””I owe my entire career, and life really, to his vision,” he wrote on Instagram.Born in small-town Montana in 1946, the son of an agricultural research scientist, Lynch travelled extensively around Middle America as a young man.He attended fine arts colleges in Boston and Philadelphia before joining the American Film Institute, where he began work on “Eraserhead.”That was followed by 1980’s “The Elephant Man,” also shot in black-and-white and deeply tragic, but decidedly more mainstream and accessible, earning his first best director Oscar nomination.Based on the diary of Joseph Merrick, the so-called “Elephant Man” born in the United States in 1862 with a condition that gave him a severely deformed physical appearance, it starred Anthony Hopkins and John Hurt.An attempt to adapt sci-fi novel “Dune” in 1984 would be one of Lynch’s less well-received efforts, though it still has its admirers.Lynch pivoted back to his arthouse roots with “Blue Velvet,” about a young man whose discovery of a severed ear leads him to the sinister side of his small town.It starred Isabella Rossellini — whom Lynch dated for several years — and is often heralded as his greatest work, earning a second Academy Award nomination for directing. After winning the Palme d’Or at Cannes with “Wild at Heart” in 1990, Lynch turned to television with “Twin Peaks,” which captivated and shocked Americans from its 1990 launch.The tale of a tight-knit northwestern town reacting to the rape and murder of a popular but troubled high school girl, it was years ahead of its time.But ratings plummeted as the show’s second season lost direction after the purported meddling of ABC executives, and it was cancelled. An even darker 1992 prequel film was initially panned, but is now considered a classic.- ‘Big hole’ -In 2001, Lynch made his second undisputed masterpiece, “Mulholland Drive,” which brought a third best director Oscar nomination.Naomi Watts plays a naive actress who meets a mysterious brunette suffering amnesia, before everything gets inverted in an astonishing twist that has fans arguing over its meaning to this day.Film writer David Thomson called it “one of the greatest films ever made about the cultural devastation caused by Hollywood.”Lynch’s final full-length feature film was 2006’s inscrutable “Inland Empire,” although he returned to the world of “Twin Peaks” with an acclaimed sequel series for cable network Showtime in 2017.But he never retired, continuing to produce short films, music and paintings, and practice his beloved daily transcendental meditation, from his studio and home — appropriately located just outside Hollywood, on Mulholland Drive.He regularly posted whimsical weather updates to YouTube, underlining the optimistic and playful man behind his often troubling art.”There’s a big hole in the world now that he’s no longer with us,” said his family’s statement.”But, as he would say, ‘Keep your eye on the donut and not on the hole.'”

Angleterre: Manchester United évite le pire avec Diallo en héros

Mené jusqu’à la 82e, Manchester United a renversé la lanterne rouge Southampton (3-1) jeudi à Old Trafford avec un triplé diabolique d’Amad Diallo, sauveur à 22 ans d’une équipe capable du meilleur comme du pire.Le pire, les “Red Devils” l’ont montré pendant plus d’une heure, entre défense fébrile, désorganisation, manque de combativité et incroyables ratés, comme ceux d’Alejandro Garnacho (20e) et d’Antony (59e).Ils ont même rejoint la mi-temps sous les sifflets d’Old Trafford, menés 1-0 après un corner catapulté dans son propre but par Manuel Ugarte (43e, 0-1).Heureusement pour eux, ils ont avec Amad Diallo un talent pur à même de remobiliser les troupes, du haut de ses 22 ans.L’ailier ivoirien a balayé Southampton d’un triplé supersonique en douze minutes (82e, 90e, 90e+4), en même temps qu’il a mis sous le tapis une partie des soucis de son équipe.Sans les parades d’André Onana, Manchester United aurait peut-être connu un autre sort. Le gardien camerounais s’est fait allumer à plusieurs reprises et il lui a fallu sortir deux arrêts de haut niveau coup sur coup à la 28e minute pour éviter le pire.- Equipe aux deux visages -Une défaite face au promu, une seule victoire au compteur cette saison, avec la pire attaque de Premier League (13 buts marqués), aurait fait plus que mauvais genre pour Ruben Amorim et ses hommes.Au final, ils ont quitté la pelouse d’Old Trafford avec un grand sourire et une première victoire en cinq matches de championnat (trois défaites et un nul).La prestation longtemps indigente des Mancuniens ne va pas rassurer leur entraîneur portugais, déjà agacé par la motivation à géométrie variable de ses joueurs: bons contre les cadors, craintifs face aux petits.C’est le constat qu’il avait fait après le nul à Anfield contre Liverpool (2-2), en Premier League, et la qualification en Coupe d’Angleterre à Arsenal (1-1, 5-3 tab).”Nous n’avons pas fait un très bon match mais, en ce moment, ce qui compte c’est de gagner”, a-t-il commenté sur TNT Sports.Dans l’autre rencontre du jour, Brighton est allé chercher à Ipswich (2-0) une victoire qu’il attendait depuis près de deux mois en Premier League.Les “Seagulls” restaient sur deux défaites et six matches nuls avant que Kaoru Mitoma (59e, 1-0) et Georginio Rutter (82e, 2-0) ne rallument la lumière, mercredi.L’équipe de Fabian Hürzeler remonte à la neuvième place avec 31 points, quatre de moins que le sixième Manchester City.Ipswich Town, en position de premier relégable (18e, 16 pts), regoûte à la défaite pour la première fois en trois matches, après une victoire surprise contre Chelsea (2-0) puis un succès qui lui a échappé dans le temps additionnel contre Fulham (2-2.