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Category Scott Bessent

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Treasury Secretary Scott Bessent Warns US Government On ‘Scary’and Unsustainable Debt Trajectory

Treasury Secretary Scott Bessent Warns US Government On ‘Scary’and Unsustainable Debt Trajectory

US Treasury Secretary Scott Bessent says the US needs to reverse the “scary” fiscal path that it’s on before it’s too late. In an appearance before...
With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level

With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level

Wednesday's crypto rally stalled as Bessent reiterated the difficulties in making a deal with China.
Treasury Secretary Bessent Warns Financial Crisis Narrowly Avoided, Says ‘Not Worried’ About Market Correction

Treasury Secretary Bessent Warns Financial Crisis Narrowly Avoided, Says ‘Not Worried’ About Market Correction

U.S. Treasury Secretary Scott Bessent says that the US would be going through a financial crisis if it had kept up its spending habits. In a new in...
US Senate Confirms Pro-Bitcoin Scott Bessent as Trump’s Treasury Secretary

US Senate Confirms Pro-Bitcoin Scott Bessent as Trump’s Treasury Secretary

Scott Bessent has been an outspoken advocate for blockchain and digital assets and hopes to being more regulatory clarity and crypto-favourable pol...
Trump’s Choice for Treasury Secretary Sees ‘No Reason’ for the US To Roll Out a Central Bank Digital Currency

Trump’s Choice for Treasury Secretary Sees ‘No Reason’ for the US To Roll Out a Central Bank Digital Currency

President-elect Donald Trump’s pick for Treasury Secretary does not think that the US needs to launch a central bank digital currency (CBDC). Durin...