{"id":8173,"date":"2025-01-17T04:04:23","date_gmt":"2025-01-17T04:04:23","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8173"},"modified":"2025-01-17T04:04:23","modified_gmt":"2025-01-17T04:04:23","slug":"trumps-treasury-nominee-scott-bessent-sees-no-reason-for-us-central-bank-digital-currency-its-for-countries-with-no-other-investment-alternatives","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8173","title":{"rendered":"Trump&#8217;s Treasury Nominee Scott Bessent Sees &#8216;No Reason&#8217; For US Central Bank Digital Currency: It&#8217;s For Countries With &#8216;No Other Investment Alternatives&#8217;"},"content":{"rendered":"<div>\n<p>In what could be interpreted as another optimistic signal for cryptocurrencies, <strong>Scott Bessent<\/strong>, President-elect <strong>Donald Trump\u2019s<\/strong> nominee for Treasury Secretary, argued against the concept of\u00a0a central bank digital\u00a0currency in the U.S. on Thursday.<\/p>\n<p><strong>What Happened<\/strong>: Bessent was taking <a href=\"https:\/\/www.finance.senate.gov\/hearings\/hearing-to-consider-the-anticipated-nomination-of-scott-bessent-of-south-carolina-to-be-secretary-of-the-treasury\">questions<\/a> from members of the Senate Finance Committee for confirmation to the Treasury Department.<\/p>\n<p>\u201cI see no reason for the U.S. to have a central bank digital currency,\u201d Bessent said, in response to a question by Sen.<strong> Marsha Blackburn <\/strong>(R-TN). \u201cIn my mind, a central bank digital currency is for countries who have no other investment alternatives.\u201d<\/p>\n<p>The hedge fund veteran believed that the nations that &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/01\/43047780\/trumps-treasury-nominee-scott-bessent-opposes-us-central-bank-digital-currency-says-its-for-countries-with-lack-o\" alt=\"Trump's\" treasury nominee scott bessent sees reason for us central bank digital currency: it countries with other investment alternatives>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In what could be interpreted as another optimistic signal for cryptocurrencies, Scott Bessent, President-elect Donald Trump\u2019s nominee for Treasury Secretary, argued against the concept of\u00a0a central bank digital\u00a0currency in the U.S. on Thursday. What Happened: Bessent was taking questions from members of the Senate Finance Committee for confirmation to the Treasury Department. \u201cI see no [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-8173","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8173"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8173\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}