Scott Bessent Confirmed as US Treasury Secretary, Signals Pro-Crypto Stance
The U.S. Senate confirmed billionaire hedge fund manager Scott Bessent as Treasury Secretary with a 68-29 vote on January 27, according to Reuters. Notably, 16 Democrats sided with Republicans to support the nomination, representing a significant victory for President Donald Trump's administration. Bessent, a 62-year-old from Tennessee, is a staunch ...