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U.S. natural gas futures fell 3.00% during the day and are currently at $3.361/million British thermal units.
U.S. Treasury Secretary Bessent: In 2024, I predicted that tariffs would lead to inflation and a stronger dollar, but the actual situation is exactly the opposite.
U.S. Treasury Secretary Bessent: Focus on Fannie Mae and Freddie Mac fulfilling their mission to keep mortgage rates low.
U.S. Senate Majority Leader Thune: The Republican Party has invited the Democratic Party to hold a meeting, but the other party has not responded.
U.S. Treasury Secretary Bessent: Fully supports U.S. President Trump’s call to cap credit card interest rates at 10%.
U.S. Treasury Secretary Bessent: The idea of temporary artificial intelligence guardrails in finance is interesting.
U.S. Treasury Secretary Bessent said it was up to U.S. President Trump to decide whether to prosecute Warsh over interest rates, but Bessent also said it was just a joke.
EIA Natural Gas Report: As of the week of January 30, U.S. natural gas inventories totaled 2,463 billion cubic feet, a decrease of 360 billion cubic feet from the previous week, an increase of 41 billion cubic feet from the same period last year, a year-on-year increase of 1.7%, and a 1.1% decrease from the five-year average by 27 billion cubic feet.
EIA natural gas inventories in the United States for the week to January 30 were -360 billion cubic feet, expected -374 billion cubic feet, and the previous value -242 billion cubic feet.
U.S. Treasury Secretary Bessent: Warsh is fully qualified to be chairman of the Federal Reserve.
U.S. Senate Majority Leader Thune: Democrats' demands for Department of Homeland Security funding are "unrealistic."
EIA natural gas inventories in the United States for the week to January 30 will be released in ten minutes.
U.S. Treasury Secretary Bessent testified before the Senate Banking Committee, reiterating his testimony yesterday before the House Finance Committee.
The three major U.S. stock indexes all fell more than 1%, with the Nasdaq falling 1.7% and the S&P 500 falling 1.28%.
Canada has abolished mandatory regulations on the sale of electric vehicles and introduced stricter exhaust emission standards. Stricter vehicle emission standards will enable electric vehicle sales (proportion) to reach 75% by 2035.
Canada will reintroduce electric vehicle purchase subsidies.
Canada will continue to implement counter-tariffs on U.S.-made cars and trucks, and Canada will allocate $3 billion to help diversify the auto industry.
U.S. Department of Defense: The United States and Russia agree to resume military-to-military dialogue.
The global supply chain stress index in the United States in January was 0.41, the previous value was revised from 0.51 to 0.54.
US President Trump: The Nigerian government must be "tougher".