Bessent’s ‘Recalcitrant Actors’ Remark Draws Sharp Response From Coinbase CEO
U.S. Treasury Secretary Scott Bessent sparked sharp controversy after pointing to “recalcitrant actors” as the forces blocking progress on crypto regulation in Congress.
Scott Bessent (Latest Publications)
Bessent: Crypto Investor Confidence Will Climb After CLARITY Act Becomes Law
This Friday, in an interview with CNBC, United States Treasury Secretary Scott Bessent stated that the CLARITY Act will boost investor confidence and alleviate the historic
Bessent: U.S. Treasury Lacks Authority to Bail Out Bitcoin
TL;DR Treasury Secretary Scott Bessent told Congress that the federal government has no legal authority to bail out Bitcoin. The response followed a question from Representative
Government Can’t ‘Bail Out’ Bitcoin, Treasury Secretary Tells Congress
U.S. Treasury Secretary Scott Bessent told lawmakers during a House Financial Services Committee hearing that the government does not have the authority to bail out Bitcoin
$150B in Tax Refunds From Treasury Could Boost Crypto Traders
TL;DR Treasury Secretary Scott Bessent estimates refunds between $100 billion and $150 billion for the first quarter. The OBBBA law eliminates taxes on tips and overtime,
Treasury’s Bessent Prepares Sweeping Overhaul That Could Redefine Crypto Rules
TLDR: Scott Bessent, Chair of the FSOC, is preparing a new policy that will shift the regulatory focus from “tightening” to “removing undue burdens.” The FSOC
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