🚨🇺🇸 TREASURY SEC BESSENT: THE #DOLLAR IS HERE TO STAY
🔹Despite the dollar’s roughest start to a year on record, Treasury Secretary Scott Bessent is doubling down on its strength.
🔹Speaking at the IMF and World Bank meetings, Bessent confidently declared, “The U.S. will always, for my lifetime, be the reserve currency”—and joked, “I’m not sure anyone else wants it.”
🔹This comes as some speculate Trump’s economic overhaul could weaken the dollar’s global standing.
🔹But Bessent set the record straight: the dollar’s role as the world’s reserve currency isn’t changing anytime soon.
- Bloomberg
🔹Despite the dollar’s roughest start to a year on record, Treasury Secretary Scott Bessent is doubling down on its strength.
🔹Speaking at the IMF and World Bank meetings, Bessent confidently declared, “The U.S. will always, for my lifetime, be the reserve currency”—and joked, “I’m not sure anyone else wants it.”
🔹This comes as some speculate Trump’s economic overhaul could weaken the dollar’s global standing.
🔹But Bessent set the record straight: the dollar’s role as the world’s reserve currency isn’t changing anytime soon.
- Bloomberg
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
XRP
2.2305
+1.81%