News with the tag "Treasury Secretary"

As if the bursting of a speculative bubble in memecoins wasn't enough to send crypto markets tumbling over the past weeks, a general risk off sentiment in traditional finance is adding to the pressure. Perhaps in a bit of a speculative bubble themselves, the major U.S. stock market averages have bee...

Treasury Secretary Scott Bessent Opposes U.S. Central Bank Digital Currency Scott Bessent , the Treasury Secretary under Donald Trump’s administration , has voiced his opposition to the creation of a U.S. Central Bank Digital Currency (CBDC) . According to Watcher Guru on X, Bessent stated that the ...

Tesla CEO Elon Musk, who will be leading the Department of Government Efficiency (DOGE) in the Donald Trump administration, has taken a fresh Bitcoin jibe at US Treasury Secretary Janet Yellen over the recent incident of a Chinese hack. His comments come as the investigation proceeds into the allege...

One crypto executive speculates Warren’s letter is a veiled attempt to justify an expansion of regulation against “neutral crypto technology providers.”

A Treasury nominee’s six-figure stake in Blackrock’s bitcoin ETF reveals crypto’s grip on elite portfolios, raising stakes for future U.S. economic policy decisions. Blackrock Bitcoin ETF in Spotlight as Bessent’s Financial Ties Unveiled Scott Bessent, President-elect Donald Trump’s nominee for Trea...

Former US Treasury Secretary Lawrence Summers criticized the proposal for a national Bitcoin reserve. Read original article on coincu.com

After weeks of intense speculation, incoming US President Donald Trump has named Scott Bessent his Treasury Secretary pick. The drawn-out selection process has attracted many popular names, including Howard Lutnick of Cantor Fitzgerald, former Federal Reserve governor Kevin Warsh, and billionaire Ma...

President-elect Donald Trump has picked Scott Bessent as the new Treasury Secretary. Ripple’s CEO called him “the perfect pick” for advancing crypto and innovation. ‘He Will Be the Most Pro-Innovation, Pro-Crypto Treasury Secretary We’ve Ever Seen’ President-elect Donald Trump has nominated Scott Be...

President-elect Donald Trump has nominated Scott Bessent, founder of Key Square Group, as the next US Treasury Secretary. Read original article on coincu.com

President-elect Donald Trump has nominated Wall Street titan Scott Bessent as Treasury Secretary.