Treasury Secretary Bessent Says Stablecoins Can Bolster US Dollar ‘Supremacy’
In brief Treasury Secretary Scott Bessent said stablecoins could strengthen dollar dominance and urged swift passage of federal crypto legislation. ...
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Tag: Bessent
Will Trump Tap Bessent to Replace Powell as Fed Chair?
New reports claim that President Trump is strongly considering Treasury Secretary Scott Bessent to replace Jerome Powell as Chair of ...
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Pro-Bitcoin Scott Bessent emerges as candidate for next Fed chair
Key Takeaways Scott Bessent is considered a potential candidate to succeed Jerome Powell as Federal Reserve Chair. Tensions between President ...
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House Criticizes Bessent on Trump’s World Liberty Financial
US Treasury Secretary Scott Bessent was sharply questioned today by the House Financial Services Committee about Trump-affiliated World Liberty Financial ...
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Bitcoin Edges Higher as Treasury’s Bessent Tempers China Trade Expectations
In brief Bitcoin was hovering above $93,000 in Wednesday afternoon trading. Ethereum rose more than 5.3% to outpace Solana. Investors ...
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