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Treasury Nominee Scott Bessent Rejects Digital Dollar, Aligning with Trump’s Anti-CBDC Stance
In a significant policy signal that could reshape the future of American monetary infrastructure, Treasury Secretary nominee Scott Bessent has explicitly rejected the necessity of a Central Bank Digital Currency (CBDC) for the United States. During his high-stakes nomination hearing before the Senate Finance Committee this past Thursday, Bessent articulated a vision for the U.S. […]
The Fiscal Precipice: Treasury Secretary Scott Bessent Warns of Unsustainable US Debt Trajectory
In a sobering appearance before a House committee this week, U.S. Treasury Secretary Scott Bessent issued a stark warning regarding the state of the nation’s finances. Addressing the White House’s 2026 budget requests, Bessent did not mince words, labeling the current fiscal trajectory as “scary” and urging immediate legislative and executive action to avert a […]