Trump, Scott Bessent and central bank digital currency

Trump's US Treasury pick Bessent says dollar must remain world's reserve currency
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Wednesday vowed to ensure that the dollar remains the world's reserve currency as he laid out a vision for a "new economic golden age".
Trump’s Treasury Pick Scott Bessent Rejects Need for a US Digital Dollar
Trump's Treasury pick Scott Bessent argued against a US digital dollar, saying CBDCs suit countries lacking other investment options.
Trump Treasury Pick Bessent Opposes Idea of U.S. Central Bank Digital Currency
U.S. senators questioning President-elect Donald Trump's nominee for Treasury Secretary, Scott Bessent, didn't spend much time on cryptocurrency
Donald Trump’s Treasury pick stresses need for tougher sanctions on Russian oil
The comments on Thursday by Donald Trump’s nominee to be Treasury secretary pushed up oil prices, as traders considered the prospect of tighter global crude supply. The new administration is also expected to target Iranian and Venezuelan oil with tougher sanctions as Trump seeks to increase economic pressure on the US’s adversaries.
Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil
President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent, and that he is ready to impose tougher sanctions on Russia's oil sector.
Trump's Treasury Secretary nominee does not rule out new harsh sanctions against Russia
The administration of US President-elect Donald Trump plans to strengthen sanctions against Russia. These measures could become part of the strategy to end the war in Ukraine, states Trump’s nominee for Treasury Secretary,
US will face ‘crushing’ $4T tax increase if Congress doesn’t back Trump’s economic agenda: Treasury sec nominee Scott Bessent
Americans will face a “crushing” $4 trillion tax increase, the largest in history, if Congress doesn’t back Donald Trump’s ...
Trump’s Treasury Pick Defends Plans to Cut Taxes and Raise Tariffs
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president ...
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Treasury Yields Edge Higher With Long-Term Debt Out of Favor
(Bloomberg) -- Treasury ... 10-year notes earlier this year in late June, in a so-called inverted yield curve pattern. The moves Monday built on a rise in yields last week following US central ...
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Yen-Hedged US Bond Yields Are Positive for First Time Since 2022
Currency-hedged Treasury yields for Japanese investors have risen above zero for the first time in more than two years as the Federal Reserve cut interest rates. Yen-hedged 10-year US notes ...