U.S. Senate Confirms Scott Bessent as Treasury Secretary Focusing on Cryptocurrency Regulation and Economic Growth
The U.S. Senate has confirmed Scott Bessent as the new Treasury Secretary, following a vote of 68 to 29. Nominated by President Donald Trump, Bessent, a billionaire hedge fund manager known for his pro-cryptocurrency views, replaces Janet Yellen. He believes digital assets promote financial freedom and has voiced opposition to central bank digital currencies, viewing ...