Articles for tag: Cryptocurrency, Digital Assets, economic policy, Financial Freedom, Scott Bessent, Treasury Secretary, U.S. Senate

January 28, 2025

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 ...

January 17, 2025

Market News

Crypto

Scott Bessent Grilled on Tax Cuts and Tariffs: Insights from Trump’s Treasury Secretary Pick

Scott Bessent, a hedge fund manager, recently testified before the Senate Finance Committee as part of his nomination for Secretary of the Treasury. If confirmed, he would be the first openly gay Cabinet official in a Republican administration. Bessent discussed the importance of tax cuts proposed by President Trump, stating that failing to implement these ...