Trump Treasury Chief Backs CLARITY Act, Rejects CBDC as Senate Vote Nears

Treasury Secretary Scott Bessent has reinforced the Trump administrations pro-crypto agenda, declaring that the United States will not introduce a central bank digital currency (CBDC) while urging Congress to quickly pass the CLARITY Act, a key digital asset market reform bill. During a White House briefing on May 28, 2026, Bessent said the administration has ruled out a U.S. CBDC over concerns about financial surveillance. There will be no central bank digital currency, Bessent said, adding that such a system could become the first step toward tracking. His remarks have recently gone viral…  Read more

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