Commerce Secretary Howard Lutnick announced the Department of Commerce will begin issuing GDP and other …
secretary
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Scams
What Treasury Secretary Bessent’s Call for a 50bps Cut in September Could Mean for Crypto
by shayaanIn brief Treasury Secretary Scott Bessent urged the Fed to consider a 50bps cut in …
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Regulations
Fed Rate Cut Now Would Be ‘Playing With Fire’ Amid Risk of Credibility Loss, Says Former Treasury Secretary Larry Summers
by shayaanFormer U.S. Treasury Secretary Larry Summers believes there is no urgent need for the Federal …
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Regulations
Treasury Secretary Scott Bessent Says US Dollar Coming On-Chain As Landmark Stablecoin Bill Becomes Law
by shayaanThe secretary of the Department of the Treasury says the dollar will now be integrated …
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Markets
Markets Will Choose US-Regulated Stablecoins Over CBDCs ‘All Day, Every Day,’ Says Treasury Secretary Scott Bessent
by shayaanU.S. Treasury Secretary Scott Bessent is confident that people around the world are going to …
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In brief Treasury Secretary Scott Bessent said stablecoins could strengthen dollar dominance and urged swift …
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Regulations
Treasury Secretary Bessent says stablecoins are debt relief engine as Senate readies to vote on GENIUS Act
by shayaanTreasury Secretary Scott Bessent stated on June 17 that stablecoins could cut federal borrowing costs …
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U.S.-based investment bank Cantor Fitzgerald LP has launched a $2 billion Bitcoin-backed loan program, providing …
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Adoption
Treasury Secretary Scott Bessent sees stablecoins creating $2T in demand for government debt
by shayaanThe US Treasury could experience a surge in demand for government debt from the digital …
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In brief Treasury Secretary Scott Bessent called the Senate’s failure to advance the GENIUS Act …