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Senate Confirms Scott Bessent as Treasury Secretary, Bringing New Direction to U.S. Crypto Policy

The United States Senate has confirmed Scott Bessent as the new Treasury Secretary in a bipartisan vote of 68 to 29, marking a change in leadership at one of the nation’s most powerful financial institutions. Bessent, a former hedge fund manager, will replace Janet Yellen in overseeing the country’s fiscal policies and financial regulations.

The January 27 confirmation saw support from both sides of the aisle, with 16 Democrats joining Republicans to approve Bessent’s nomination. Senator Mike Crapo, who chairs the Senate Financial Committee, praised Bessent during the confirmation process, calling him “one of the sharpest minds in the global finance industry.”

Senate Confirms Scott Bessent as Treasury Secretary, Bringing New Direction to U.S. Crypto Policy

The United States Senate has confirmed Scott Bessent as the new Treasury Secretary in a bipartisan vote of 68 to 29, marking a change in leadership at one of the nation’s most powerful financial institutions. Bessent, a former hedge fund manager, will replace Janet Yellen in overseeing the country’s fiscal policies and financial regulations.

The January 27 confirmation saw support from both sides of the aisle, with 16 Democrats joining Republicans to approve Bessent’s nomination. Senator Mike Crapo, who chairs the Senate Financial Committee, praised Bessent during the confirmation process, calling him “one of the sharpest minds in the global finance industry.”
https://blockonomi.com/senate-confirms-scott-bessent-as-treasury-secretary-bringing-new-direction-to-u-s-crypto-policy/