Bessent notes Clarity Act passed House over a year ago with bipartisan Senate committee progress since
“More than a year ago, the House passed the Clarity Act. There’s been progress since — thousands of hours of bipartisan negotiations took place at the staff and Member levels. The Senate Committees on Banking and Agriculture advanced their respective titles. And Senate”
Bessent says Iranian regime's reliance on digital assets and shadow banking shows Economic Fury working
“The Iranian regime’s reliance on digital assets and shadow banking networks is further evidence that Economic Fury is working. We will continue to increase the economic pressure. Whether in dollars, rials, or crypto, Treasury will hunt down and dismantle the illicit financial https://t.co/phPYBx4Zxr”
Bessent says Iranian regime's reliance on digital assets and shadow banking shows Economic Fury working
“The Iranian regime’s reliance on digital assets and shadow banking networks is further evidence that Economic Fury is working. We will continue to increase the economic pressure. Whether in dollars, rials, or crypto, Treasury will hunt down and dismantle the illicit financial https://t.co/phPYBx4Zxr”
Bessent says Treasury moving quickly to implement GENIUS Act framework for payment stablecoins
“.@POTUS and Congress delivered the GENIUS Act, establishing a landmark framework and clear rules of the road for payment stablecoins, and Treasury is moving quickly to implement that framework. @USTreasury welcomes input from stakeholders as we work to provide the regulatory”