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Treasury Secretary
Crumbling Markets Have Sent Treasury Yields Plunging, Offering Hope for Crypto
Treasury Secretary Scott Bessent Tuesday morning said the Trump administration is committed to lowering interest rates.
Trump Picks Pro-Crypto Hedge Fund Manager Scott Bessent for Treasury Secretary
If the Senate confirms Bessent, the next person whose signature is on the front of paper U.S. currency will be a fan of digital assets created to replace the conventional financial system.
Howard Lutnick, Tether's Wall Street Banker, Is Trump's Pick for Commerce Chief, Not Treasury Secretary
Lutnick, whose Cantor Fitzgerald has been a custodian for Tether since 2021, has been a vocal proponent of bitcoin and USDT for years.
XRP Price Surges Amid Record Futures Bets; Who Will Be the Next U.S. Treasury Secretary?
XRP surged to a three-year high over the weekend to more than $1.20 with futures bets soaring to record levels. Plus, Polymarket bettors put their money on who the next Treasury Secretary will be. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
After Months at Arm’s Length, Sen. Brown Opens Door for Crypto Legislation
The chairman of the Senate Banking Committee – the missing ingredient in previous efforts – has invited Treasury Secretary Janet Yellen to start working with him on legislation.
Yellen Stresses Importance of Regulatory Framework for Digital Assets; Tether Cuts Commercial Paper Holdings to Zero
U.S. Treasury Secretary Janet Yellen reiterated the importance of building a regulatory framework for digital assets. Stablecoin issuer Tether reduced its commercial paper holdings to zero and replaced them with U.S. Treasury bills. Bankrupt crypto lender Voyager Digital's executives have included sweeping legal immunity for themselves in the proposed agreement for their assets to be sold to FTX.US for $1.4 billion.
House Bill Could Let Treasury Secretary Block International Crypto Transactions
U.S. House of Representatives introduced the America COMPETES Act designed to advance U.S. competitiveness and leadership around the globe earlier this week.