If confirmed, Bessent could act as a catalyst for a crypto and bitcoin price boom by helping to establish a clear regulatory framework for digital assets.

Bessent has been a major donor to Trump, giving $1 million to the Republican candidate for his 2016 inauguration.

Donald Trump selects Scott Bessent for Treasury Secretary, a crypto advocate, who promises regulatory clarity and blockchain integration.

On Friday, President-elect Donald Trump announced hedge fund manager Scott Bessent as his nominee for Treasury Secretary, and the crypto industry seems very happy with this choice.

President-elect Donald Trump has nominated hedge fund manager and crypto enthusiast Scott Bessent for the Treasury Secretary position.

Donald Trump has nominated pro-crypto hedge fund manager Scott Bessent to serve as the next Secretary of the Treasury.

Scott Bessent, who was a George Soros protege, is expected to increase tariffs in line with Donald Trump's stance

Treasury secretary nominee Scott Bessent's economic plan is in tension with other aspects of President-elect Trump's agenda.

Scott Bessent is stepping out from behind decades of hedge-fund desks into the Treasury Secretary’s office with one goal: to leave his fingerprints on the global economy. President Donald Trump has tapped the 61-year-old economic historian turned hedge-fund manager to take the reins at the Treasury Department.