
Scott Bessent’s 3% deficit target looks increasingly out of reach, Fox News analysis suggests
Achieving the 3% deficit target seems unlikely, potentially leading to increased fiscal strain and necessitating future policy adjustments.

Achieving the 3% deficit target seems unlikely, potentially leading to increased fiscal strain and necessitating future policy adjustments.

Scott Bessent has confirmed that Fort Knox still has the United States' gold despite conspiracies claiming otherwise.

The debate over US gold reserves highlights potential fiscal strategies, questioning outdated valuations and their impact on economic policy.

Treasury Secretary Scott Bessent said the entire U.S. gold stockpile at Fort Knox and other federal vaults remains present and accounted for, pushing back on years of public doubt about America’s bullion reserves. Bessent Breaks Down the Vault Bessent commented during a Fox News interview, where he walked through the history of U.S. currency backing […]

Treasury Secretary Scott Bessent says OFAC sanctioned multiple Iran-linked crypto wallets, freezing over $130 million.

“US Treasury is committed to disrupting and degrading Iran’s illicit financial activities, including its abuse of digital assets,” US Treasury Secretary Scott Bessent said Tuesday.
The US Treasury froze more than $130 million in cryptocurrency tied to Iran’s Central Bank. The Office of Foreign Assets Control (OFAC) sanctioned multiple wallets linked to the Central Bank of Iran (CBI). US Treasury Targets Iran’s Central Bank Crypto Wallets Treasury Secretary Scott Bessent announced the freeze in a post on X. Bessent framed

Heightened sanctions on Russia could lead to increased scrutiny and regulation of crypto firms, impacting global digital asset markets.

Heightened scrutiny on Russia sanctions could escalate geopolitical tensions, impacting global energy markets and digital asset regulations.

The Trump Accounts initiative could significantly boost passive investment in US equities, pressuring asset managers to lower fees industry-wide.

A strong jobs report may stabilize interest rates, impacting risk assets like Bitcoin, while reinforcing current economic policies.

The US's intensified sanctions on Iran may shift global oil dynamics, increasing China's leverage and impacting crypto market stability.

The Trump Accounts initiative could democratize stock market access, but its long-term success hinges on political stability and legislative support.

Bessent's advocacy for Hamiltonian economics suggests a shift towards strategic self-reliance, impacting global trade dynamics and tech leadership.

The US Treasury's crackdown on Southeast Asian scams highlights the urgent need for global cooperation to combat rising transnational cybercrime.

Japan's proactive stance on yen volatility, backed by US coordination, signals potential market disruptions and strategic currency interventions.

Bitcoin has reclaimed the $65,000 level after the U.S. Treasury temporarily authorized Iranian oil sales amid progress in talks with Tehran. According to data from crypto.news, Bitcoin (BTC) climbed more than 3.5% from an intraday low of $63,231 to a…

A coordinated G7 effort to pressure China on yuan appreciation could reshape global trade dynamics, impacting forex markets and supply chains.

Crypto majors are red while Gold nears $5,000 and Silver closes in on $100; BTC -1% at $89,100; ETH -2% at $2,925, SOL -2% at $127; XRP -2% to $1.90. ZRO (+15%), AXS (+10%) and DASH (+8%) led top movers. Ledger is preparing for a $4B IPO, enlisting Goldman Sachs, Jefferies and Barclays for support. Ripple CEO Brad Garlinghouse predicted crypto could hit new highs in 2026, pointing to regulatory momentum and institutional participation as key drivers. President Trump sued JPMorgan for $5 billion, alleging politically motivated “debanking”. BitGo briefly surged in its stock market debut before finishing its first day of trading just over its $18 IPO price. BlackRock CEO Larry Fink pushed the idea of a single blockchain for tokenization to avoid corruption and aid in scaling. Kansas introduced its own Bitcoin Strategic Reserve bill. PwC said institutional crypto adoption has crossed a point of no return, as regulatory frameworks move from draft rules toward active supervision. Treasury Secretary Scott Bessent reaffirmed the Trump administration’s push for U.S. crypto leadership and support for a strategic Bitcoin reserve.