Tag: scott bessent
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Trump’s Next Fed Chair Could Be Crypto-Friendly
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President Donald Trump is reportedly considering several pro-crypto figures to lead the U.S. Federal Reserve, signalling a potential policy shift toward digital asset innovation at the heart of American monetary policy. According to multiple reports, Federal Reserve Vice Chair for Supervision Michelle Bowman is among five final candidates shortlisted to replace current Chair Jerome Powell,…
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Trump Nominates Pro-Crypto Hedge Fund Manager for Treasury Secretary
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U.S. President-elect Donald Trump has chosen Scott Bessent, a cryptocurrency enthusiast and hedge fund manager, as his pick for Treasury Secretary. If confirmed by the Senate, Bessent’s signature will grace U.S. paper currency, representing a notable shift toward a pro-digital asset stance in government. Bessent, the founder of Key Square Group, a macro investment firm,…