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Bessent Reaffirms U.S. Strategy: Seized Bitcoin to Be Added to Strategic State Reserves
U.S. Treasury Secretary Scott Bessent has once again confirmed that the Trump administration plans to add seized Bitcoin to the nation’s strategic digital asset reserves. According to Bessent, the government remains committed to halting the sale of confiscated cryptocurrencies and instead holding them as long-term strategic assets.
Speaking at a press conference in Davos on Tuesday, Bessent told reporters that the sale of seized Bitcoin remains suspended, in line with current U.S. policy.
“If assets are seized through criminal proceedings, the policy of this administration is to transfer those Bitcoins into our digital asset reserve after restitution is addressed, rather than selling them,” Bessent said in response to questions about the U.S. strategy for a strategic Bitcoin reserve in 2026 and speculation surrounding alleged Bitcoin seizures from Tornado Cash developers in the Southern District of New York.
He added that the first necessary step was to stop selling seized assets, a move the administration has already implemented. Only then, he said, can these assets be formally incorporated into forfeited government reserves.
Questions Remain Around Tornado Cash and Samourai Wallet Cases
Bessent declined to comment in detail on the ongoing legal case involving Tornado Cash developers. However, the matter has fueled speculation over whether U.S. authorities are fully complying with Executive Order 14233, which requires confiscated Bitcoin to be transferred into the U.S. Strategic Bitcoin Reserve (SBR).
Earlier this month, Bitcoin Magazine reported that the Southern District of New York may have acted inconsistently with the executive order by failing to transfer forfeited Bitcoin into the SBR. Media outlets also questioned whether the U.S. Marshals Service (USMS)—acting on behalf of the Department of Justice—used Coinbase Prime to liquidate more than 57 BTC seized from Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill.
The USMS later denied those claims, stating that it did not sell the referenced Bitcoin and that it was unaware of how Bitcoin Magazine obtained the information. Similarly, Patrick Witt, Executive Director of the White House Presidential Council of Advisers for Digital Assets, said last week that Bitcoin seized in the Samourai Wallet case was not liquidated and will remain part of the SBR.
Despite these assurances, questions persist as to why the Department of Justice signed agreements with Samourai Wallet developers that included provisions related to asset liquidation.
No Immediate Plans for Additional Bitcoin Purchases
Uncertainty also surrounds whether the U.S. government plans to actively acquire additional Bitcoin beyond seized assets. Bessent has repeatedly emphasized that, for now, the administration is focused solely on growing the Strategic Bitcoin Reserve through confiscated BTC, with no immediate plans to purchase Bitcoin on the open market.
However, he clarified that budget-neutral acquisition strategies are still under consideration. One such proposal is the BITCOIN Act, reintroduced in March 2025 by Senator Cynthia Lummis.
The legislation has made little progress and is unlikely to advance in the near term, as congressional focus has shifted toward broader crypto market structure legislation. Adding to the uncertainty, Senator Lummis is expected to retire from the Senate next year, further reducing the bill’s prospects.
#bitcoin , #BTC , #CynthiaLummis , #ScottBessent , #CryptoMarket
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Speaking at a press conference in Davos on Tuesday, Bessent told reporters that the sale of seized Bitcoin remains suspended, in line with current U.S. policy.
“If assets are seized through criminal proceedings, the policy of this administration is to transfer those Bitcoins into our digital asset reserve after restitution is addressed, rather than selling them,” Bessent said in response to questions about the U.S. strategy for a strategic Bitcoin reserve in 2026 and speculation surrounding alleged Bitcoin seizures from Tornado Cash developers in the Southern District of New York.
He added that the first necessary step was to stop selling seized assets, a move the administration has already implemented. Only then, he said, can these assets be formally incorporated into forfeited government reserves.
Questions Remain Around Tornado Cash and Samourai Wallet Cases
Bessent declined to comment in detail on the ongoing legal case involving Tornado Cash developers. However, the matter has fueled speculation over whether U.S. authorities are fully complying with Executive Order 14233, which requires confiscated Bitcoin to be transferred into the U.S. Strategic Bitcoin Reserve (SBR).
Earlier this month, Bitcoin Magazine reported that the Southern District of New York may have acted inconsistently with the executive order by failing to transfer forfeited Bitcoin into the SBR. Media outlets also questioned whether the U.S. Marshals Service (USMS)—acting on behalf of the Department of Justice—used Coinbase Prime to liquidate more than 57 BTC seized from Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill.
The USMS later denied those claims, stating that it did not sell the referenced Bitcoin and that it was unaware of how Bitcoin Magazine obtained the information. Similarly, Patrick Witt, Executive Director of the White House Presidential Council of Advisers for Digital Assets, said last week that Bitcoin seized in the Samourai Wallet case was not liquidated and will remain part of the SBR.
Despite these assurances, questions persist as to why the Department of Justice signed agreements with Samourai Wallet developers that included provisions related to asset liquidation.
No Immediate Plans for Additional Bitcoin Purchases
Uncertainty also surrounds whether the U.S. government plans to actively acquire additional Bitcoin beyond seized assets. Bessent has repeatedly emphasized that, for now, the administration is focused solely on growing the Strategic Bitcoin Reserve through confiscated BTC, with no immediate plans to purchase Bitcoin on the open market.
However, he clarified that budget-neutral acquisition strategies are still under consideration. One such proposal is the BITCOIN Act, reintroduced in March 2025 by Senator Cynthia Lummis.
The legislation has made little progress and is unlikely to advance in the near term, as congressional focus has shifted toward broader crypto market structure legislation. Adding to the uncertainty, Senator Lummis is expected to retire from the Senate next year, further reducing the bill’s prospects.
#bitcoin , #BTC , #CynthiaLummis , #ScottBessent , #CryptoMarket
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
🚨 JUST IN: Treasury Secretary Bessent Signals Major Shift in Fed Oversight! 🇺🇸
The relationship between the U.S. Treasury and the Federal Reserve just took a bold turn.
$BTC $SOL
Treasury Secretary Scott Bessent has dropped a bombshell statement that is sending ripples through the financial markets.
"Federal Reserve independence does not mean no oversight."
This clear signal suggests a new era of accountability for the world’s most powerful central bank. As the Trump administration ramps up its economic agenda, the "hands-off" approach to the Fed is being replaced by a demand for transparency and results.
📉 Why This Matters (The Hard Numbers):
$28 Trillion+: The current size of the U.S. National Debt that the Fed’s interest rate decisions directly impact.
2% Target: The Fed’s inflation mandate remains under scrutiny as the Treasury pushes for a "Parallel Prosperity" model.
0.2% – 0.4% of GDP: Historically, Fed remittances to the Treasury ranged in this bracket. Bessent has recently pointed out that "the Fed is supposed to make money," highlighting concerns over recent losses and "waste" within the institution.
May 2026: The fast-approaching end of Jerome Powell’s term as Fed Chair, adding massive weight to Bessent's "oversight" comments.
🔍 What’s the Play for Crypto?
Increased oversight often leads to volatility. When the Treasury and the Fed aren't in perfect sync, the "uncertainty index" rises—and we know where liquidity flows when fiat feels the pressure: Bitcoin & Digital Assets. 🚀
The Big Question: Is this the end of "unlimited" central bank autonomy, or just a necessary check on power?
💡 What do you think? Will more oversight lead to a stronger Dollar, or will it push more investors into decentralized hedges like $BTC ?
👇 Drop your predictions in the comments! #Fed #ScottBessent #Treasury #CryptoNews #bitcoin
The relationship between the U.S. Treasury and the Federal Reserve just took a bold turn.
$BTC $SOL
Treasury Secretary Scott Bessent has dropped a bombshell statement that is sending ripples through the financial markets.
"Federal Reserve independence does not mean no oversight."
This clear signal suggests a new era of accountability for the world’s most powerful central bank. As the Trump administration ramps up its economic agenda, the "hands-off" approach to the Fed is being replaced by a demand for transparency and results.
📉 Why This Matters (The Hard Numbers):
$28 Trillion+: The current size of the U.S. National Debt that the Fed’s interest rate decisions directly impact.
2% Target: The Fed’s inflation mandate remains under scrutiny as the Treasury pushes for a "Parallel Prosperity" model.
0.2% – 0.4% of GDP: Historically, Fed remittances to the Treasury ranged in this bracket. Bessent has recently pointed out that "the Fed is supposed to make money," highlighting concerns over recent losses and "waste" within the institution.
May 2026: The fast-approaching end of Jerome Powell’s term as Fed Chair, adding massive weight to Bessent's "oversight" comments.
🔍 What’s the Play for Crypto?
Increased oversight often leads to volatility. When the Treasury and the Fed aren't in perfect sync, the "uncertainty index" rises—and we know where liquidity flows when fiat feels the pressure: Bitcoin & Digital Assets. 🚀
The Big Question: Is this the end of "unlimited" central bank autonomy, or just a necessary check on power?
💡 What do you think? Will more oversight lead to a stronger Dollar, or will it push more investors into decentralized hedges like $BTC ?
👇 Drop your predictions in the comments! #Fed #ScottBessent #Treasury #CryptoNews #bitcoin
🚨 BREAKING: Treasury Sec. Bessent Issues Warning on Fed Oversight! 🇺🇸
A major shift in U.S. monetary policy is unfolding. Treasury Secretary Scott Bessent just clarified the administration's stance on the Federal Reserve, and the implications for the market are massive.
"Federal Reserve independence does not mean no oversight."
Are you bullish or bearish for $BTC this week?
#Fed #ScottBessent #Bitcoin #CryptoNews
A major shift in U.S. monetary policy is unfolding. Treasury Secretary Scott Bessent just clarified the administration's stance on the Federal Reserve, and the implications for the market are massive.
"Federal Reserve independence does not mean no oversight."
Are you bullish or bearish for $BTC this week?
#Fed #ScottBessent #Bitcoin #CryptoNews
⚡Scott Bessent’s Tariff Strategy Reshaped Global Trade Like Never Before⚡
🌍 Looking through trade analyses over the past few years, Scott Bessent’s influence quietly emerges as a defining factor. His approach to tariffs wasn’t about blunt protectionism—it was a careful orchestration of timing, sector targeting, and international signaling that forced markets and governments to rethink their assumptions.
📊 Tariffs in Bessent’s framework acted almost like levers in a complex machine. Rather than simply shielding domestic industries, they redirected supply chains, reshaped investment decisions, and set new precedents for negotiation. Companies adjusted sourcing, logistics, and risk strategies, realizing that what had once been a predictable global flow could now shift overnight.
⚖️ The real impact is structural. Beyond immediate economic adjustments, Bessent’s strategy influenced long-term trade relationships and policy norms. Governments had to weigh alliance considerations against economic consequences. Multinationals needed to rethink where and how they produced goods. It’s a reminder that policy design often reverberates quietly, yet persistently, across global markets.
🔮 Watching these dynamics unfold, you notice a subtle pattern: strategic trade interventions can be as influential as macroeconomic shocks. The most consequential moves are often those carefully considered behind the scenes, not the loudest headlines.
💭 The lesson is that global trade is a living system, sensitive to both deliberate strategy and unforeseen adjustments. Observing it closely shows how methodical policy decisions quietly reshape industries and international cooperation.
#TradePolicyImpact #GlobalSupplyChains #ScottBessent #Write2Earn #BinanceSquare
🌍 Looking through trade analyses over the past few years, Scott Bessent’s influence quietly emerges as a defining factor. His approach to tariffs wasn’t about blunt protectionism—it was a careful orchestration of timing, sector targeting, and international signaling that forced markets and governments to rethink their assumptions.
📊 Tariffs in Bessent’s framework acted almost like levers in a complex machine. Rather than simply shielding domestic industries, they redirected supply chains, reshaped investment decisions, and set new precedents for negotiation. Companies adjusted sourcing, logistics, and risk strategies, realizing that what had once been a predictable global flow could now shift overnight.
⚖️ The real impact is structural. Beyond immediate economic adjustments, Bessent’s strategy influenced long-term trade relationships and policy norms. Governments had to weigh alliance considerations against economic consequences. Multinationals needed to rethink where and how they produced goods. It’s a reminder that policy design often reverberates quietly, yet persistently, across global markets.
🔮 Watching these dynamics unfold, you notice a subtle pattern: strategic trade interventions can be as influential as macroeconomic shocks. The most consequential moves are often those carefully considered behind the scenes, not the loudest headlines.
💭 The lesson is that global trade is a living system, sensitive to both deliberate strategy and unforeseen adjustments. Observing it closely shows how methodical policy decisions quietly reshape industries and international cooperation.
#TradePolicyImpact #GlobalSupplyChains #ScottBessent #Write2Earn #BinanceSquare
U.S. Treasury Secretary Says Supreme Court Is Unlikely to Overturn Trump’s Tariffs
U.S. Treasury Secretary Scott Bessent has said it is very unlikely that the U.S. Supreme Court will overturn the broad tariffs imposed by President Donald Trump, even as the high court weighs legal challenges to the administration’s use of emergency powers to justify those trade duties. Bessent told interviewers he expects the Court to defer to the executive branch on major economic policy decisions, noting past judicial restraint in similar high-profile cases.
Bessent’s comments come as the Supreme Court continues to hear arguments in the case challenging Trump’s tariff authority under a 1977 national emergency statute. A ruling has yet to be issued, and Bessent emphasized the administration’s confidence that the tariffs will stand. He also acknowledged that if the Court does rule against the government, the U.S. Treasury would need to refund a significant portion of the collected tariffs a result he described as costly and difficult.
The ongoing debate over tariffs and trade policy continues to shape economic relations with key U.S. partners and could have significant implications for global markets depending on how the Supreme Court ultimately rules.
$BTC $BNB
#UStreasury #ScottBessent #TrumpTariffs #SupremeCourt
U.S. Treasury Secretary Scott Bessent has said it is very unlikely that the U.S. Supreme Court will overturn the broad tariffs imposed by President Donald Trump, even as the high court weighs legal challenges to the administration’s use of emergency powers to justify those trade duties. Bessent told interviewers he expects the Court to defer to the executive branch on major economic policy decisions, noting past judicial restraint in similar high-profile cases.
Bessent’s comments come as the Supreme Court continues to hear arguments in the case challenging Trump’s tariff authority under a 1977 national emergency statute. A ruling has yet to be issued, and Bessent emphasized the administration’s confidence that the tariffs will stand. He also acknowledged that if the Court does rule against the government, the U.S. Treasury would need to refund a significant portion of the collected tariffs a result he described as costly and difficult.
The ongoing debate over tariffs and trade policy continues to shape economic relations with key U.S. partners and could have significant implications for global markets depending on how the Supreme Court ultimately rules.
$BTC $BNB
#UStreasury #ScottBessent #TrumpTariffs #SupremeCourt
Bessent warns of China’s control over silver
U.S. Treasury Secretary Scott Bessent convened a full-scale international meeting of finance ministers on Monday to address a worsening crisis in the supply of critical minerals and China’s growing dominance over strategic materials.
The talks come as China refines up to 87% of the world’s rare earths and silver prices are hitting record highs. Bessent brought together finance ministers from 11 countries, representatives of the European Commission, and U.S. trade officials to begin coordinating a response.
According to Bessent, the goal is to repair and diversify supply chains before China further tightens its control.
Countries Representing 60% of Global Demand—Yet Supply Still Dominated by China
Participants included:
Jim Chalmers (Australia)François-Philippe Champagne (Canada)Valdis Dombrovskis (European Union)Roland Lescure (France)Lars Klingbeil (Germany)Ashwini Vaishnaw (India)Giancarlo Giorgetti (Italy)Satsuki Katayama (Japan)Edgar Amador Zamora (Mexico)Yun-Cheol Koo (South Korea)Rachel Reeves (United Kingdom)
Jamieson Greer, John Jovanovic, and Jay Horine also joined the meeting. Together, these countries and blocs account for roughly 60% of global demand for the minerals in question, yet China continues to dominate the supply side.
“Supply Chains Are Over-Concentrated and Fragile”
Bessent opened the talks with a blunt assessment:
“Supply chains are too concentrated. They are fragile. They are easily disrupted. We have to fix this—and fast.”
The U.S. delegation outlined current investments and upcoming initiatives aimed at building alternative supply routes, with a focus on:
rare earthscobaltlithiumgraphitesilver
Bessent stressed that the objective is not a complete decoupling from China, but rather reducing systemic risks where they matter most.
Europe Warns Against Inaction; France to Elevate Issue at the G7
German Finance Minister Lars Klingbeil warned that Europe cannot afford to remain passive:
“For me, it’s crucial that Europe does not sit on its hands. Complaints and self-pity won’t help—we have to act.”
He called for faster action and new EU-level funding, pointing to Germany’s raw-materials fund as a possible model. Klingbeil also confirmed that France will make rare earths a central topic during its upcoming G7 presidency.
Chinese Export Restrictions Add Urgency
The urgency of the talks was reinforced by a recent move in which China banned exports of dual-use minerals intended for Japan’s military just last week. The decision affected countries that rely on these materials for:
energy systemsdefense capabilitiessemiconductor manufacturing
Bessent warned:
“We cannot be caught off guard again—especially not with minerals this critical.”
Financing Alternatives and Mobilizing Private Capital
Ministers also heard briefings from Greer, Jovanovic, and Horine on financial instruments designed to accelerate alternative supply development and mobilize private-sector participation in rebuilding global supply chains.
Silver’s Record Rally Forces CME to Change Margin Rules
Beyond the policy discussions, markets have already reacted. CME Group announced changes to how margin requirements are calculated for silver, gold, platinum, and palladium. Under the new framework, margins will be tied to a percentage of notional value, rather than fixed dollar amounts. The changes take effect Tuesday evening.
The move follows:
a 20% year-to-date surge in silver pricesrecord highs in both silver and gold
CME said the adjustment followed a “routine review of market volatility to ensure adequate collateral coverage.”
Market Reaction: Silver Rises, Precious Metals Mixed
In the latest trading session:
Spot silver climbed another 1%Gold held steady at $4,596.03 per ouncePlatinum fell 0.6%Palladium declined 0.9%The Dollar Spot Index rose 0.1%
CME reminded traders that daily margining exists to cover potential losses, signaling that more cash will be required to maintain positions as volatility increases.
#Silver , #commodities , #ScottBessent , #TRUMP , #USPolitics
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
The talks come as China refines up to 87% of the world’s rare earths and silver prices are hitting record highs. Bessent brought together finance ministers from 11 countries, representatives of the European Commission, and U.S. trade officials to begin coordinating a response.
According to Bessent, the goal is to repair and diversify supply chains before China further tightens its control.
Countries Representing 60% of Global Demand—Yet Supply Still Dominated by China
Participants included:
Jim Chalmers (Australia)François-Philippe Champagne (Canada)Valdis Dombrovskis (European Union)Roland Lescure (France)Lars Klingbeil (Germany)Ashwini Vaishnaw (India)Giancarlo Giorgetti (Italy)Satsuki Katayama (Japan)Edgar Amador Zamora (Mexico)Yun-Cheol Koo (South Korea)Rachel Reeves (United Kingdom)
Jamieson Greer, John Jovanovic, and Jay Horine also joined the meeting. Together, these countries and blocs account for roughly 60% of global demand for the minerals in question, yet China continues to dominate the supply side.
“Supply Chains Are Over-Concentrated and Fragile”
Bessent opened the talks with a blunt assessment:
“Supply chains are too concentrated. They are fragile. They are easily disrupted. We have to fix this—and fast.”
The U.S. delegation outlined current investments and upcoming initiatives aimed at building alternative supply routes, with a focus on:
rare earthscobaltlithiumgraphitesilver
Bessent stressed that the objective is not a complete decoupling from China, but rather reducing systemic risks where they matter most.
Europe Warns Against Inaction; France to Elevate Issue at the G7
German Finance Minister Lars Klingbeil warned that Europe cannot afford to remain passive:
“For me, it’s crucial that Europe does not sit on its hands. Complaints and self-pity won’t help—we have to act.”
He called for faster action and new EU-level funding, pointing to Germany’s raw-materials fund as a possible model. Klingbeil also confirmed that France will make rare earths a central topic during its upcoming G7 presidency.
Chinese Export Restrictions Add Urgency
The urgency of the talks was reinforced by a recent move in which China banned exports of dual-use minerals intended for Japan’s military just last week. The decision affected countries that rely on these materials for:
energy systemsdefense capabilitiessemiconductor manufacturing
Bessent warned:
“We cannot be caught off guard again—especially not with minerals this critical.”
Financing Alternatives and Mobilizing Private Capital
Ministers also heard briefings from Greer, Jovanovic, and Horine on financial instruments designed to accelerate alternative supply development and mobilize private-sector participation in rebuilding global supply chains.
Silver’s Record Rally Forces CME to Change Margin Rules
Beyond the policy discussions, markets have already reacted. CME Group announced changes to how margin requirements are calculated for silver, gold, platinum, and palladium. Under the new framework, margins will be tied to a percentage of notional value, rather than fixed dollar amounts. The changes take effect Tuesday evening.
The move follows:
a 20% year-to-date surge in silver pricesrecord highs in both silver and gold
CME said the adjustment followed a “routine review of market volatility to ensure adequate collateral coverage.”
Market Reaction: Silver Rises, Precious Metals Mixed
In the latest trading session:
Spot silver climbed another 1%Gold held steady at $4,596.03 per ouncePlatinum fell 0.6%Palladium declined 0.9%The Dollar Spot Index rose 0.1%
CME reminded traders that daily margining exists to cover potential losses, signaling that more cash will be required to maintain positions as volatility increases.
#Silver , #commodities , #ScottBessent , #TRUMP , #USPolitics
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
The United States will use stablecoin to ensure the dominance of the dollar — Scott Bessent
President Trump and Scott Bessent both called for a comprehensive regulatory framework for stablecoins and a clear regulatory environment.
U.S. Treasury Secretary Scott Bessent stated that the U.S. government would use stablecoin to ensure that the U.S. dollar remains the world's reserve currency at the cryptocurrency summit at the White House on March 7.
Bessent reiterated the Trump administration's commitment to ending the war on cryptocurrency and vowed to repeal previous IRS guidance and punitive regulatory measures. He then turned his attention to stablecoins and said:
"We will carefully consider the stablecoin regime and, at the direction of President Trump, we will maintain the U.S. dollar as the dominant reserve currency in the world, and we will use stablecoin to achieve that."
President Trump stated at the summit that he hopes lawmakers will bring a comprehensive regulatory bill on stablecoins to his desk before the congressional recess in August.
The President also criticized the Biden administration for selling part of the seized Bitcoin, which he claimed caused billions of dollars in losses due to premature selling.
Many attendees at the first cryptocurrency summit at the White House remarked on the historic nature of this event, reinforcing the significant shift in the U.S. government's stance towards the digital asset industry. #ScottBessent
President Trump and Scott Bessent both called for a comprehensive regulatory framework for stablecoins and a clear regulatory environment.
U.S. Treasury Secretary Scott Bessent stated that the U.S. government would use stablecoin to ensure that the U.S. dollar remains the world's reserve currency at the cryptocurrency summit at the White House on March 7.
Bessent reiterated the Trump administration's commitment to ending the war on cryptocurrency and vowed to repeal previous IRS guidance and punitive regulatory measures. He then turned his attention to stablecoins and said:
"We will carefully consider the stablecoin regime and, at the direction of President Trump, we will maintain the U.S. dollar as the dominant reserve currency in the world, and we will use stablecoin to achieve that."
President Trump stated at the summit that he hopes lawmakers will bring a comprehensive regulatory bill on stablecoins to his desk before the congressional recess in August.
The President also criticized the Biden administration for selling part of the seized Bitcoin, which he claimed caused billions of dollars in losses due to premature selling.
Many attendees at the first cryptocurrency summit at the White House remarked on the historic nature of this event, reinforcing the significant shift in the U.S. government's stance towards the digital asset industry. #ScottBessent
BREAKING: 🇺🇸🇨🇳 U.S. Treasury Secretary Scott Bessent says it's up to China to decide whether it wants to be a reliable partner.
#china #EEUU #ScottBessent #Inversiones #MarketPullback $USDC
#china #EEUU #ScottBessent #Inversiones #MarketPullback $USDC
📣Happening Now
🗣️The US Senate approves the confirmation of #ScottBessent as Secretary of the #Treasury 👀
#Write2Earn #Secretary $BTC
🗣️The US Senate approves the confirmation of #ScottBessent as Secretary of the #Treasury 👀
#Write2Earn #Secretary $BTC
U.S. Treasury Secretary "wants to stay in his position and refuses Powell's position!"
#ScottBessent
U.S. Treasury Secretary Scott Bisent stated that he wishes to remain in his current position after a report emerged suggesting he is a candidate to succeed the Federal Reserve Chair.
When asked about the role he prefers, Bisent told the House Financial Services Committee that he holds one of the best positions in Washington, emphasizing that he is "happy to do what President (Donald) Trump wants me to do," and added: "I believe we are making great progress in the Treasury Department."
U.S. Treasury Secretary Scott Bisent stated that he wishes to remain in his current position after a report emerged suggesting he is a candidate to succeed the Federal Reserve Chair.
When asked about the role he prefers, Bisent told the House Financial Services Committee that he holds one of the best positions in Washington, emphasizing that he is "happy to do what President (Donald) Trump wants me to do," and added: "I believe we are making great progress in the Treasury Department."
JUST IN: President Trump says Treasury Secretary Scott Bessent is an option to replace Fed Chair Jerome Powell but also praises Bessent's current role. Trump's critical of Powell, especially over cost overruns in Fed building renovations, but notes he likes the job Bessent is doing. The formal process to select Powell’s successor has begun, with multiple candidates under consideration. Powell's term ends in May 2026, and Trump may nominate a new chair by late 2025.
#FedChair #JeromePowell #ScottBessent #TrumpNews #FederalReserve
#FedChair #JeromePowell #ScottBessent #TrumpNews #FederalReserve
🇺🇸 BREAKING: #ScottBessent Says, "In response to President Trump's tariff announcements, more than 100 countries have approached us wanting to help rebalance global trade."
#USStockDrop #tarriffs
#USStockDrop #tarriffs
💬 #usTreasury Secretary #ScottBessent :
#Stablecoins could “unlock financial access for billions worldwide.”
#Stablecoins could “unlock financial access for billions worldwide.”
🔊 U.S. Treasury Secretary Scott Bessent to Speak Tonight — Markets Watching Closely!
🕙 Time: 10:00 PM Beijing | 4:00 PM Libya/Nigeria
📍 Topic: “The Current State of the Financial System”
Treasury Secretary Scott Bessent will go live tonight to address the state of the U.S. economy — and possibly drop hints on U.S.–China trade tensions and future financial policy shifts. 🌐💬
Why Traders Should Watch:
Bessent recently said the U.S.–China tariff fight is "unsustainable" — hinting at possible de-escalation. 🔻
His words could impact global markets, crypto sentiment, and USD performance. 🪙📉
Macro news like this often drives event-based volatility — perfect for sharp-eyed traders! 📊🧠
Pro Tip: This could affect Bitcoin, altcoins, and risk-on assets in real-time. Set your alerts and be ready for the market reaction wave. 🌊
#USNews #ScottBessent #MacroUpdate #BinanceSquare
🕙 Time: 10:00 PM Beijing | 4:00 PM Libya/Nigeria
📍 Topic: “The Current State of the Financial System”
Treasury Secretary Scott Bessent will go live tonight to address the state of the U.S. economy — and possibly drop hints on U.S.–China trade tensions and future financial policy shifts. 🌐💬
Why Traders Should Watch:
Bessent recently said the U.S.–China tariff fight is "unsustainable" — hinting at possible de-escalation. 🔻
His words could impact global markets, crypto sentiment, and USD performance. 🪙📉
Macro news like this often drives event-based volatility — perfect for sharp-eyed traders! 📊🧠
Pro Tip: This could affect Bitcoin, altcoins, and risk-on assets in real-time. Set your alerts and be ready for the market reaction wave. 🌊
#USNews #ScottBessent #MacroUpdate #BinanceSquare
🚨JUST IN: 🇺🇸 Treasury Secretary #Bessent says 11 candidates in the running for Fed Chair.
#Trump to begin interviews after Labor Day (Sept 1).
#ScottBessent #FedChair #Trump
#Trump to begin interviews after Labor Day (Sept 1).
#ScottBessent #FedChair #Trump
U.S. Interest Rates: A Strong Lever Affecting the Cryptocurrency Market
The cryptocurrency market is known for its high volatility, and one of the macro factors that has the greatest impact on it is the interest rate policy of the United States. Recent statements from Treasury Secretary Scott Bessent indicate the Trump administration's direction toward lowering interest rates, and this could have significant effects on Bitcoin and other digital assets.
💥BREAKING:
Treasury Secretary Scott Bessent will begin interviewing candidates for the next Fed Chair on Friday - WSJ.
$BTC $ETH $XRP #ScottBessent
Treasury Secretary Scott Bessent will begin interviewing candidates for the next Fed Chair on Friday - WSJ.
$BTC $ETH $XRP #ScottBessent
🚀 A New Dawn for Crypto: Scott Bessent Takes the Helm to Shape U.S. Digital Asset Policy!
📢 Major Announcement: Scott Bessent Confirmed as U.S. Treasury Secretary! 💼
Scott Bessent has been officially confirmed by the U.S. Senate as the new Treasury Secretary, securing a decisive 68-29 vote and succeeding Janet Yellen. Known for his strong support of digital assets, Bessent is poised to redefine the landscape of crypto policy in the U.S. 🚀
🔑 Key Points to Know:
Crypto Champion: Bessent will spearhead the creation of a regulatory framework for cryptocurrencies.
CBDC Stance: He has openly opposed the introduction of a U.S. central bank digital currency (CBDC).
Regulation Focus: As head of the Financial Crimes Enforcement Network, he aims to enforce crypto-related regulations to combat crimes like human trafficking and child exploitation.
This confirmation marks a game-changing moment for the crypto industry, as a strong advocate steps into a critical leadership role. Is this the start of a new era for digital assets in the U.S.? Stay tuned for updates!
#CryptoNews #Binance #ScottBessent #TreasurySecretary #DigitalAssets
📢 Major Announcement: Scott Bessent Confirmed as U.S. Treasury Secretary! 💼
Scott Bessent has been officially confirmed by the U.S. Senate as the new Treasury Secretary, securing a decisive 68-29 vote and succeeding Janet Yellen. Known for his strong support of digital assets, Bessent is poised to redefine the landscape of crypto policy in the U.S. 🚀
🔑 Key Points to Know:
Crypto Champion: Bessent will spearhead the creation of a regulatory framework for cryptocurrencies.
CBDC Stance: He has openly opposed the introduction of a U.S. central bank digital currency (CBDC).
Regulation Focus: As head of the Financial Crimes Enforcement Network, he aims to enforce crypto-related regulations to combat crimes like human trafficking and child exploitation.
This confirmation marks a game-changing moment for the crypto industry, as a strong advocate steps into a critical leadership role. Is this the start of a new era for digital assets in the U.S.? Stay tuned for updates!
#CryptoNews #Binance #ScottBessent #TreasurySecretary #DigitalAssets
🚨 BREAKING:
BLACKROCK SELLS $250,000,000 IN $BTC
💥 BREAKING:
ACCORDING TO THE SECRETARY OF THE TREASURY, SCOTT BESSENT, TARIFF RATES COULD BE REDUCED FOR COUNTRIES THAT CHOOSE NOT TO RETALIATE.
#ScottBessent #blackRock #BTC #StopLossStrategies #BTCvsMarkets
BLACKROCK SELLS $250,000,000 IN $BTC
💥 BREAKING:
ACCORDING TO THE SECRETARY OF THE TREASURY, SCOTT BESSENT, TARIFF RATES COULD BE REDUCED FOR COUNTRIES THAT CHOOSE NOT TO RETALIATE.
#ScottBessent #blackRock #BTC #StopLossStrategies #BTCvsMarkets
🇺🇸 Treasury @SecScottBessent: "The American trading system will be FAIR again… we’re revitalizing the American Dream."
🚀 Big words. Big moves. Is a new economic era loading?
#USA #Economy #ScottBessent #Crypto $BTC
🚀 Big words. Big moves. Is a new economic era loading?
#USA #Economy #ScottBessent #Crypto $BTC
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