Senators ask Bessent to probe $500M UAE stake in Trump-linked WLFI
Two US senators are pressing the Treasury Department to investigate a reported foreign investment in a crypto venture tied to the Trump family, raising concerns...
Tag : Bessent
Treasury’s Bessent Says Crypto Clarity Act Could Calm Markets
The cryptocurrency market has swung sharply in recent weeks, with both Bitcoin and Ethereum trading well below the record levels they reached last year. Key...
Crypto investor sentiment will rise once CLARITY Act is passed: Bessent
Passing the CLARITY crypto structure bill could improve market sentiment amid the ongoing downturn, according to United States Treasury Secretary Scott Bessent. The stalling of...
Clarity Act Passage Would 'Comfort' Markets Amid Bitcoin Volatility: Treasury Secretary Bessent
In brief U.S. Treasury Secretary Scott Bessent said the passing of the Clarity Act would bring a calm to the markets amid Bitcoin’s recent volatility....
Bessent suggests Warsh nomination hearings alongside Powell probe
US Treasury Secretary Scott Bessent is calling on the Senate Banking Committee to proceed with confirmation hearings for Federal Reserve chair nominee Kevin Warsh, despite...
Banks and crypto could offer similar products in time: Bessent
US Treasury Secretary Scott Bessent says banks and crypto may begin to offer similar products, and pledged to prevent deposit flight concerns that are stalling...
US won't 'bail out' Bitcoin, says Treasury Secretary Bessent
The comments came during Bessent’s Congressional testimony on Wednesday in a tense exchange with California Representative Brad Sherman. United States Treasury Secretary Scott Bessent testified...