Wednesday, 30 Sep, 2026

Scott Bessent Rejects Digital Dollar: Why Trump’s Treasury Pick Says the US Has ‘No Reason’ for a CBDC

WASHINGTON — During his high-stakes Senate Finance Committee nomination hearing, Scott Bessent, President-elect Donald Trump’s choice to lead the United States Department of the Treasury, delivered a definitive stance on the future of American currency. Bessent told lawmakers that he sees "no reason" for the United States to develop or issue a central bank digital […]