Treasury Secretary Scott Bessent called on Congress on Thursday to pass the Clarity Act, emphasizing its importance for the future of digital assets in the U.S.
Bill Has ‘Bipartisan Support’
During a White House briefing, Bessent stated that the key piece of cryptocurrency legislation has “bipartisan support” and encouraged the House and the Senate to move forward with its passage.”
“When you look at digital assets, all the nonsense that happens, all the things you read about, that’s because it’s the wild, wild west offshore. So we got to bring it on shore,” Bessent said.
Bessent Says No To CBDC’s
Bessent said that the Trump administration does not support a central bank digital currency, and the idea has been taken “off the table.”
The remark came in response to a question about safeguarding “privacy” and “freedom” in the new digital payment framework.
SEC Chair Paul Atkins also said the era …
