ChainCatcher news, according to The Block, Scott Bessent, the Treasury Secretary nominee by President-elect Trump, stated during his nomination hearing at the Senate Finance Committee that he believes the United States "has no reason" to have a central bank digital currency (CBDC).He said, "I believe the United States has no reason to issue a central bank digital currency; in my view, central bank digital currencies are meant for countries that have no other investment options."Bessent was appointed by Trump as a cryptocurrency expert at the end of November last year, and he holds a positive attitude towards cryptocurrencies. In an interview, he told Fox Business that he is "excited about the president's acceptance of cryptocurrencies."

ChainCatcher news, AXIOS analyzes the core economic agenda of U.S. Treasury Secretary nominee Scott Bessenet's "3/3/3" policy guideline, which aims to reduce the budget deficit to 3% of GDP, achieve a 3% annual economic growth rate, and increase domestic oil production by 3 million barrels per day.Currently, the U.S. deficit is expected to remain between 6% and 7% of GDP in the coming years, forming a spiraling upward trend that may pose a risk of significant interest rate increases, thus the first agenda will satisfy the "deficit hawks." Regarding the second agenda, the U.S. has historically achieved around 3% growth for a long time, but this goal may conflict with Trump's immigration restriction policies. As for the third agenda, U.S. oil production is currently around 13 million barrels per day, with a market oversupply, and energy executives have questioned the geological feasibility of further significant increases in production.