In an interesting update for the crypto industry, Scott Bessent was recently confirmed by the US Senate as the new Treasury Secretary.

The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump's treasury secretary, giving him the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn't jeopardize growth.

The Senate on Monday confirmed Scott Bessent to serve as Treasury secretary in the Trump administration, making him the highest-ranking openly gay government official in U.S. history.

Over more than three hours, Bessent calmly fielded questions from Democrats and praise from Republicans. Sen. Mike Crapo, the Idaho Republican who now chairs the committee, praised Bessent for his "very, very straightforward, courteous, and honorable ...

Bessent, a Wall Street veteran who grew up in South Carolina, has praised the Republican president’s plans to slash taxes and impose tariffs while calling for measures to protect supply chains and the

Scott Bessent, a Wall Street veteran who was born and raised in South Carolina, has defended the Republican president Donald Trump's tax-cutting and tariff proposals while urging efforts to secure supply chains and the dollar's global status.

The Senate voted Monday as Senate Republicans work to quickly install President Trump's picks for top administration posts.

Scott Bessent has been an outspoken advocate for digital assets and hopes to being more regulatory clarity and crypto-favourable policies.

The Senate's confirmation of Scott Bessent as Treasury Secretary brings a pro-crypto, anti-CBDC leader to head the Treasury Department

Scott Bessent is set to take the office as the US Treasury Secretary in President Donald Trump’s administration team.

Scott Bessent testified before the Senate Finance Committee, where the expiring Tax Cuts and Jobs Act was a major point of conversation.