Novogratz Says Scott Bessant "is Failing"

Novocz also expressed concern about the current U.S. debt problem. He believes that President Donald Trump's appointment of Treasury Secretary Scott Bessant has not achieved the desired results.

Bitcoin has risen 99% over the past 12 months. Source: CoinMarketCap

"While I admire Scott Bessant and think everything he says is heartfelt, he has failed to successfully link debt to GDP," Novogratz said.

"Deficits will go up, not down," he added. #比特币财库公司增持策略

Novogratz says Scott Bessent “is failing”

Novogratz also voiced concerns over the US’ ongoing debt issues. He suggested that US President Donald Trump’s decision to bring on Treasury Secretary Scott Bessent has not had the anticipated outcome.

Bitcoin is up 99% over the past 12 months. Source: CoinMarketCap

“As much as I like Scott Bessent and I think he meant everything he said, he’s failing at bending debt to GDP,” Novogratz said.

“The deficit is going to be higher, not lower,” he added.#美联储取消创新活动监管计划 $BTC