Scott Bessent

Highlights: Treasury Secretary called the CLARITY Act a national priority and urged Congress to pass it quickly. He said confusing U.S. crypto rules are pushing firms toward markets like Singapore and Abu Dhabi. The bill would set clear federal oversight […]

Highlights: Scott Bessent said Treasury is still exploring cost-neutral ways to buy Bitcoin for the Reserve. Treasury explores budget-neutral methods to expand Bitcoin without burdening taxpayers. Senator Lummis noted that budget-neutral Bitcoin purchases might need congressional approval. In an X […]

Highlights: The United States Senate confirmed Scott Bessent as Treasury Secretary with a 68-29 vote. Bessent will oversee $28 trillion in Treasury debt and influence fiscal and financial policy. Ripple CEO and Senator Crapo praised Bessent’s appointment for his finance […]

Highlights: Trump nominates Bitcoin advocate Scott Bessent for Treasury Secretary, focusing on digital assets’ future. Bessent’s leadership would tackle economic challenges while promoting deregulation, tax cuts, and innovation. Musk criticizes Bessent, while the crypto community applauds his nomination as the […]