Treasury Sec. Scott Bessent Rules Out CBDC Under Trump, “CLARITY Act Is Coming”
Treasury Secretary Scott Bessent has ruled out a CBDC (central bank digital currency) under the Trump administration, according to the article title. He also stated that the 'CLARITY Act is coming.' Note: the provided article body contains only CSS/HTML styling code with no substantive article text, so this summary is based solely on the title.
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The House passed the CLARITY Act 294-134 in July 2025 and the Senate Banking Committee advanced it 15-9 on May 14; the Senate reconvenes July 17 with roughly three weeks before recess.
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