Scott Bessent Says Crypto Strengthens Dollar Power
Scott Bessent says dollar-backed stablecoins strengthen U.S. dollar dominance by expanding global usage and boosting Treasury demand.
Scott Bessent says dollar-backed stablecoins strengthen U.S. dollar dominance by expanding global usage and boosting Treasury demand.
Bessent says tax cuts, deregulation and trade deals are driving early U.S. manufacturing growth and setting up momentum for 2026.
Trump publicly attacked Fed Chair Powell at the U.S.-Saudi Forum, criticizing high rates and urging faster action from Treasury officials.
U.S. Treasury Secretary Scott Bessent’s Bitcoin praise leads to political and market reactions amid a government shutdown.
Treasury Secretary Scott Bessent confirms five finalists for the next Federal Reserve Chair, with a decision expected by year-end.
Bessent says crypto isn’t a threat to the dollar—calls stablecoins a strength as Trump pushes GENIUS Act to the House floor.
The Senate advances the GENIUS Act with strong backing, aiming to boost stablecoin regulation and drive USD adoption toward a $2T market.
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