Treasury may raise longstanding bank reporting thresholds and take into account how long financial institutions have known their customers, Treasury Secretary Scott Bessent told lawmakers Tuesday (Sept. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Treasury Secretary Scott Bessent says American banks are working to safeguard against AI-related cyberthreats. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Treasury Secretary Scott Bessent called Thursday (April 9) for Congress to pass the Digital Asset Market Clarity Act (CLARITY Act), warning that the current lack of a clear regulatory framework is eroding U.S. leadership in the crypto market. Get the Full Story Complete the form...
Treasury Secretary Scott Bessent said Friday (Feb. 13) that the crypto industry should support the CLARITY Act and help get it passed as soon as possible. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
October 09, 2025
Community banks remain vital to the U.S. economy but face mounting pressures to modernize amid competition from larger banks and FinTechs. At the Federal Reserve’s 2025 Community Bank Conference, Treasury Secretary Scott Bessent, Federal Reserve Vice Chair for Supervision Michelle W. Bowman, and Governor Michael S. Barr, each described how technology, transparency, and tailored regulation […]
March 07, 2025
On Friday (March 7), the crypto industry came to Washington D.C. Specifically, they came to the White House’s State Dining Room, where the nation’s first ever “Crypto Summit” was held. Get...
September 16, 2026
Treasury Secretary Scott Bessent told Axios reporters that the United States is willing to discuss artificial intelligence risks with China, the reporters said Wednesday (Sept. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily […]
May 03, 2026
Treasury Secretary Scott Bessent says American banks are working to safeguard against AI-related cyberthreats. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
April 09, 2026
Treasury Secretary Scott Bessent called Thursday (April 9) for Congress to pass the Digital Asset Market Clarity Act (CLARITY Act), warning that the current lack of a clear regulatory framework...
February 13, 2026
Treasury Secretary Scott Bessent said Friday (Feb. 13) that the crypto industry should support the CLARITY Act and help get it passed as soon as possible. Get the Full Story Complete the...