🚨 Bessent just backed the Bitcoin Reserve and the Clarity Act.
Rep. Brad Sherman: “No country that has ever won a war in history had a Bitcoin reserve.” He argued for oil and rare earths instead of BTC “which we could lose in a day.”
Bessent’s reply: “That’s why I’m pushing the passage of the Clarity Act, because it gives Treasury more authorities to seek out this evasion.”
Clarity + strategic Bitcoin are still on the table.
#Bessent #Bitcoin #ClarityAct #Crypto #Treasury
Rep. Brad Sherman: “No country that has ever won a war in history had a Bitcoin reserve.” He argued for oil and rare earths instead of BTC “which we could lose in a day.”
Bessent’s reply: “That’s why I’m pushing the passage of the Clarity Act, because it gives Treasury more authorities to seek out this evasion.”
Clarity + strategic Bitcoin are still on the table.
#Bessent #Bitcoin #ClarityAct #Crypto #Treasury