Scott Bessent

The article explores how Donald Trump’s potential appointments of crypto-friendly figures like Kevin Hassett to the Federal Reserve and Scott Bessent as Treasury Secretary could trigger a major shift in U.S. monetary policy. This new strategy, focused on aggressive growth and potentially higher inflation, could create a favorable environment for Bitcoin and other assets, potentially causing their prices to surge.

U.S. Treasury Secretary Scott Bessent made an unannounced visit to the new Pubkey bitcoin bar in Washington D.C., a move seen by the crypto community as a strong signal of long-term support despite market uncertainty and a lack of clear policy on a strategic Bitcoin reserve.