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....
Tag : Secretary
Treasury Secretary: Crypto 'Nihilists' Who Say They Don't Need Clarity Act 'Should Move to El Salvador'
In brief Treasury Secretary Scott Bessent said crypto firms opposing the Senate’s market structure bill are nihilistic and delusional. His remarks follow Coinbase’s decision last...
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...
Can the Government 'Bail Out' Bitcoin? Congressman Prompts Bizarre Exchange With Treasury Secretary
In brief Treasury Secretary Scott Bessent said the government cannot force banks to buy Bitcoin, during testimony on Capitol Hill. He defended the policy of...
Treasury Secretary Calls for More Rate Cuts Despite Strong Jobs Data
Treasury Secretary Scott Bessent urged the Federal Reserve to accelerate interest rate cuts, calling them the “only ingredient missing” for stronger U.S. economic growth ahead...