Treasury Secretary Scott Bessent’s call for the Fed to hold off on rate cuts reflects a problem that reaches far beyond Washington: …
Bessent
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Smart Contracts
Powell, Bessent Warn Banks About Security Risks From Anthropic’s Mythos AI: Bloomberg
by shayaanby shayaanIn short US officials warned major banks about cybersecurity risks associated with Anthropic’s Mythos AI model. Bloomberg reports. The system can reportedly …
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Regulation
Treasury Secretary Bessent Slams Crypto Industry ‘Nihilists’ as Clarity Act Remains in Limbo
by shayaanby shayaanIn brief Treasury Secretary Scott Bessent criticized some crypto leaders as “nihilists” for resisting the stalled Clarity Act. The bill remains stuck …
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Regulation
Scott Bessent Echoes CZ’s Media War Playbook In Explosive Attack on FT
by shayaanby shayaanUS Treasury Secretary Scott Bessent accused the Financial Times of fabricating a story claiming he supported modeling Treasury-Federal Reserve (Fed) relations on …
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Markets
Bitcoin climbs to near $72,000 after Treasury Secretary Bessent attempts to calm oil fears
by shayaanby shayaanBessent said the U.S. Treasury Department will provide temporary authorization to allow countries to purchase Russian oil currently in transit. www.coindesk.com
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United States Treasury Secretary Scott Bessent and Salvadoran President Nayib Bukele recently held a high-level meeting this weekend to discuss El Salvador’s …
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Regulation
U.S. Treasury Secretary Scott Bessent Discusses Whether $134 Billion in Revenue Will Be Refunded Following the Suspension of Tariffs
by shayaanby shayaanU.S. Treasury Secretary Scott Bessent avoided directly answering questions about whether approximately $134 billion in tariff revenue would be refunded after the …
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Regulation
U.S. Treasury Secretary Scott Bessent Makes Hot Comments on Bitcoin and Altcoin Declines – Will the Market Recover?
by shayaanby shayaanIn an exclusive interview with CNBC, US Treasury Secretary Scott Bessent made critical statements on a range of topics, from volatility in …
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Regulation
Crypto investor sentiment will rise once CLARITY Act is passed: Bessent
by shayaanby shayaanPassing the CLARITY crypto structure bill could improve market sentiment amid the ongoing downturn, according to United States Treasury Secretary Scott Bessent. …
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Scams
Clarity Act Passage Would ‘Comfort’ Markets Amid Bitcoin Volatility: Treasury Secretary Bessent
by shayaanby shayaanIn brief U.S. Treasury Secretary Scott Bessent said the passing of the Clarity Act would bring a calm to the markets amid …