President-elect Donald Trump has chosen Scott Bessent, a pro-crypto hedge fund manager, as Treasury Secretary. If confirmed, he may introduce policies favoring crypto, improve regulatory clarity, and integrate digital assets into mainstream finance, marking a significant shift from the more cautious approach of the Biden administration. Trump posted on his social media platform Truth Social: “I am pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States.
Comment on Trump taps pro-crypto Scott Bessent as Treasury Secretary, backing blockchain
Suswati Basu, ReadWriteWeb
Mon, 11/25/2024 - 4:07am
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