Treasury Secretary Scott Bessent reaffirmed the Trump administration's opposition to a central bank digital currency during a Thursday press briefing, signaling continued resistance to government-issued digital money at the federal level. The commitment aligns with broader Republican skepticism toward CBDCs, which critics argue could enable government surveillance of financial transactions. Bessent also used the briefing to pressure both the House and Senate to advance the Clarity Act, legislation aimed at establishing a clearer regulatory framework for digital assets in the United States. The dual messaging underscores the administration's intent to shape crypto policy through market-friendly regulation rather than state-controlled digital currency infrastructure, as congressional momentum on stablecoin and crypto market structure bills continues to build.
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