Crypto NewsBitcoinA New Name is Being Discussed for the Treasury Department in the...

A New Name is Being Discussed for the Treasury Department in the US: Here Are His Views on Bitcoin and Cryptocurrency

A different name has begun to be discussed for the new Treasury Secretary position under the Trump administration in the USA.

Follow Bitcoin Sistemi Google News Button

US President-elect Donald Trump is reportedly considering billionaire hedge fund investor Scott Bessent for the Treasury Secretary post, according to sources close to the administration.

Known for his positive stance on cryptocurrencies, Bessent could become a key figure in shaping U.S. fiscal policy, especially in the fast-growing digital asset space. This follows John Paulson’s decision to withdraw from consideration due to the complexity of his personal financial matters.

Bessent, who has previously described cryptocurrencies as “about freedom,” sees Bitcoin as a tool to attract younger investors and engage a broader demographic in financial markets. His belief that Bitcoin could help “develop a market culture in the U.S.” aligns with his vision of capitalism where citizens feel empowered by a financial system designed to serve them.

Related News  This Coinbase-Listed Altcoin Announces Partnership with Google Cloud - Price Suffers a Reverse Reaction

Prominent cryptocurrency journalist Eleanor Terrett weighed in on Bessent’s potential appointment, noting his strong support for the crypto economy, particularly Bitcoin. Terrett quoted Bessent as saying, “I’m thrilled that the president has embraced crypto and I think it’s a great fit for the Republican Party… the crypto economy is here to stay.”

*This is not investment advice.



Buradaki Yorumlardan Bildirim Al
Bildir
guest

0 Comments
Latest
The oldest Top Rated
Inline Feedbacks
View all comments

Popular Posts of the Week