US Treasury Secretary Scott Bessent said in a post on the X platform that 17 years after the release of the white paper, the Bitcoin network is still functioning and more resilient than ever. Bitcoin has never shut down, and Senate Democrats can learn something from it.
The US Senate Finance Committee has voted to confirm Scott Bessant's nomination as Treasury Secretary, sending him to the full Senate for consideration.
Donald Trump has appointed Scott Bessant as US Treasury secretary. "Scott is widely respected as one of the world's leading international investors and geopolitical and economic strategists," Mr. Trump said in a statement on his Truth Social platform. "Scott's story is the American dream."
The nomination of the new US Treasury secretary could be announced as early as this week.