treasurysecretary

#BREAKING : 🇺🇸 Treasury Secretary Bessent says the U.S. economy as a whole is not in danger of entering a recession.

#USJobsData #USGovernment #TreasurySecretary #Bessent

🚀 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

JUST IN: 🇺🇸 US Treasury Secretary Bessent says tariff revenue will be used to pay down US debt.

This is a major statement!
If true, it signals a shift in how the US government plans to handle its record-high debt levels.

📉 Could this reduce pressure on bond markets?
📈 Will a stronger dollar impact risk assets like Bitcoin and crypto?
💭 Or is this just political talk with little real effect?

Markets will definitely be watching how this plays out.
What do you guys think — bullish or bearish for crypto? 🚀🔍

#TreasurySecretary #Bessent
#Tariffs #usdebt
#CryptoNews

🇺🇸 🇨🇳 #latestupdate : #TreasurySecretary Scott Bessent says the US has reached a "substantial" trade framework with China, potentially removing the need for Trump's 100% #Tariffs .

*Treasury Secretary Slams Federal Reserve 🚨*

U.S. Treasury Secretary Scott Bessent criticized the Federal Reserve's decision to cut interest rates by 25 basis points, saying its economic models are outdated and forecasts have been consistently wrong. Bessent's comments suggest the Fed needs a major revamp, and he's pushing for a new leader who can overhaul the institution's decision-making process ¹.

*Key Points:*

- *Fed's Slow Response*: Bessent argues the Fed's rate cuts are proceeding too slowly.
- *Internal Divisions*: Growing divisions and inconsistent data have created policy paralysis.
- *Outdated Models*: The Fed's forecasting models fail to capture real-time employment and inflation trends.

*Potential Leadership Shake-Up:*

A second round of internal interviews will take place in December to select Jerome Powell's potential successor. The Trump administration appears to be positioning itself to steer the direction of U.S. monetary policy ¹.

#FederalReserve #MonetaryPolicy #InterestRates #USAEconomy #TreasurySecretary #LeadershipShakeUp #EconomicModels #Inflation #EmploymentTrends

U.S. Treasury Secretary Bessent announces that significant tariff updates are expected in the next few days. 📢

#USGovShutdownEnd?
#TreasurySecretary

BREAK: 🇺🇸 Treasury Secretary Scott Bessent says the Trump administration is removing crypto regulations.

BULLISH 🚀

$BTC #BTC #bitcoin #bullish #TreasurySecretary #ScottBessent

⚡️JUST IN: 🇺🇸 Treasury Secretary #Bessent says if the debt limit is not resolved, it could trigger biggest financial crisis since 2008.

#Bessen t #TreasurySecretary #Debt

Treasury Secretary Bessent Says US Might Expand Bitcoin Reserve

The United States may expand its Strategic Bitcoin Reserve after Treasury Secretary Scott Bessent reversed earlier comments, leaving the door open for new Bitcoin purchases.

On Thursday, Bessent initially told Fox Business that the Treasury “would not be buying” Bitcoin for the reserve, prompting criticism from the crypto industry.#Bessent #TreasurySecretary