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Nalezeno "Scott Bessent": 49

Garlinghouse Backs Bessent’s CLARITY Act Case Ahead of Senate Vote


Ripple CEO Brad Garlinghouse backed Treasury Secretary Scott Bessent’s case for advancing the CLARITY Act, arguing the final compromise deserves Senate support. Bessent says the bill gives Treasury tools to protect community banks if stablecoin-related deposit flight emerges. Garlinghouse...

Bessent Urges Senate to Advance Clarity Act Ahead of Tuesday Vote


Treasury Secretary Scott Bessent urged senators to advance the CLARITY Act before Tuesday’s scheduled procedural vote. The measure would establish federal digital asset rules, but unresolved political divisions leave its path through the Senate uncertain. Treasury Push Raises Pressure Before...

Bessent’s Bond Buyback Gamble Could Pour Fuel on Bitcoin’s Price


Bitcoin’s price reclaimed $80,000 per unit on Thursday after breaking past a key $79,000 resistance level, driving its market capitalization back to $1.61 trillion and positioning the asset for an over 20% gain in August. Key Resistance Broken Bitcoin reclaimed $80,000 on Thursday, breaking...

Japan, US Plot Yen Rescue as Speculators Face Reckoning


Japan and the United States are preparing to unveil a joint policy as early as next week to stop speculators from driving the Japanese yen to fresh multi-decade lows. Japan Strikes First, Buying Nearly $59 Billion in a Day The move follows a dramatic week of currency action. On July...

Lummis: CLARITY Act Framework ‘Is Not Working’ as Senate Stalls


Sen. Cynthia Lummis (R-WY) said the current U.S. regulatory framework for digital assets “is not working” for the industry, consumers or law enforcement, pressing the Senate to pass the CLARITY Act before its August recess. A Blunt Assessment From the Floor Lummis made her case earlier...

Bessent Slams CLARITY Act Critics, Demands Senate Action Now


Treasury Secretary Scott Bessent sharply defended the CLARITY Act, rejecting claims that the bill weakens consumer protections and urging the Senate to bring the legislation to a vote now. Bessent Pushes Senate to Vote on the CLARITY Act Treasury Secretary Scott Bessent escalated the debate over...

Treasury Secretary Bessent Says CLARITY Act Is at the ‘1-Yard Line’


Scott Bessent has said that the CLARITY Act is at the “1-yard line” and urged Congress to pass it before recess, even as Senator Kirsten Gillibrand faces backlash from progressive groups over her role brokering the bill’s ethics provisions. A Bill ‘Almost There’...

Treasury Secretary Pushes Clarity Act to Secure US Crypto Market Leadership


U.S. Treasury Secretary Scott Bessent intensifies calls for crypto legislation as SEC Chair Paul Atkins and lawmakers align, urging Congress to advance a stalled framework amid rising market scale, regulatory gaps, and global competition. Key Takeaways: U.S. Treasury Secretary Bessent urges...

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