News with the tag "Bessent"

U.S. Treasury Secretary Scott Bessent suggests a cautious start to Federal Reserve rate cuts with a potential acceleration, highlighting implications for the economy and markets.

The yen strengthened against the dollar and bitcoin after U.S. Treasury Secretary Scott Bessent called for higher interest rates in Japan, contrasting with the Bank of Japan's current stance.

Scott Bessent's stance on the Fed rate cut has significant implications for the cryptocurrency market, influencing investor behavior and market sentiment.

Ripple CEO Brad Garlinghouse discusses the potential of RLUSD stablecoin to dominate the market, highlighting its growth and regulatory plans.