The post Treasury secretaries ‘have a history of dueling’ appeared on BitcoinEthereumNews.com. Treasury Secretary Scott Bessent brushed off recent reports of heated arguments inside President Donald Trump’s administration, saying disputes were a part of the normal push-and-pull of policymaking. “Treasury secretaries dating back to Alexander Hamilton have a history of dueling,” Bessent joked Tuesday to CNBC’s “Squawk Box.” “I think with the President’s team, I turned out a little better for the Treasury’s side this time.” “With President Trump’s team, just like any the great sports team, you can argue in the locker room, but we get out in the field and do the best for the President and the American people every day,” he said. Bessent’s remarks come after recent stories detailed a series of fiery confrontations between him and other Trump officials, including Federal Housing Finance Agency chief Bill Pulte, over the direction of economic policy and influence in Trump’s orbit. Tempers flared during meetings this summer where Bessent reportedly threatened to punch Pulte in the face. A hedge fund veteran, Bessent became Treasury Secretary in January. He has been leading trade negotiations for the administration. Source: https://www.cnbc.com/2025/09/16/bessent-quips-to-cnbc-about-his-reported-heated-clashes-treasury-secretaries-have-a-history-of-dueling.htmlThe post Treasury secretaries ‘have a history of dueling’ appeared on BitcoinEthereumNews.com. Treasury Secretary Scott Bessent brushed off recent reports of heated arguments inside President Donald Trump’s administration, saying disputes were a part of the normal push-and-pull of policymaking. “Treasury secretaries dating back to Alexander Hamilton have a history of dueling,” Bessent joked Tuesday to CNBC’s “Squawk Box.” “I think with the President’s team, I turned out a little better for the Treasury’s side this time.” “With President Trump’s team, just like any the great sports team, you can argue in the locker room, but we get out in the field and do the best for the President and the American people every day,” he said. Bessent’s remarks come after recent stories detailed a series of fiery confrontations between him and other Trump officials, including Federal Housing Finance Agency chief Bill Pulte, over the direction of economic policy and influence in Trump’s orbit. Tempers flared during meetings this summer where Bessent reportedly threatened to punch Pulte in the face. A hedge fund veteran, Bessent became Treasury Secretary in January. He has been leading trade negotiations for the administration. Source: https://www.cnbc.com/2025/09/16/bessent-quips-to-cnbc-about-his-reported-heated-clashes-treasury-secretaries-have-a-history-of-dueling.html

Treasury secretaries ‘have a history of dueling’

Treasury Secretary Scott Bessent brushed off recent reports of heated arguments inside President Donald Trump’s administration, saying disputes were a part of the normal push-and-pull of policymaking.

“Treasury secretaries dating back to Alexander Hamilton have a history of dueling,” Bessent joked Tuesday to CNBC’s “Squawk Box.” “I think with the President’s team, I turned out a little better for the Treasury’s side this time.”

“With President Trump’s team, just like any the great sports team, you can argue in the locker room, but we get out in the field and do the best for the President and the American people every day,” he said.

Bessent’s remarks come after recent stories detailed a series of fiery confrontations between him and other Trump officials, including Federal Housing Finance Agency chief Bill Pulte, over the direction of economic policy and influence in Trump’s orbit. Tempers flared during meetings this summer where Bessent reportedly threatened to punch Pulte in the face.

A hedge fund veteran, Bessent became Treasury Secretary in January. He has been leading trade negotiations for the administration.

Source: https://www.cnbc.com/2025/09/16/bessent-quips-to-cnbc-about-his-reported-heated-clashes-treasury-secretaries-have-a-history-of-dueling.html

Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$4.999
$4.999$4.999
+0.36%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trade War Headlines Trigger $800M In Liquidations Overnight: Longs Get Wiped Out Across Crypto Markets

Trade War Headlines Trigger $800M In Liquidations Overnight: Longs Get Wiped Out Across Crypto Markets

The crypto market faced a sharp selloff overnight as renewed trade conflict fears between the United States and the European Union shook global risk sentiment.
Share
NewsBTC2026/01/20 11:00
Rokid Ai Glasses Style Now Available Globally

Rokid Ai Glasses Style Now Available Globally

The world’s first open ecosystem AI smart glasses—ultra-light, prescription-first, and built for ChatGPT, Qwen, DeepSeek, and more—are now shipping worldwide, starting
Share
AI Journal2026/01/20 11:45
FCA, crackdown on crypto

FCA, crackdown on crypto

The post FCA, crackdown on crypto appeared on BitcoinEthereumNews.com. The regulation of cryptocurrencies in the United Kingdom enters a decisive phase. The Financial Conduct Authority (FCA) has initiated a consultation to set minimum standards on transparency, consumer protection, and digital custody, in order to strengthen market confidence and ensure safer operations for exchanges, wallets, and crypto service providers. The consultation was published on May 2, 2025, and opened a public discussion on operational responsibilities and safeguarding requirements for digital assets (CoinDesk). The goal is to make the rules clearer without hindering the sector’s evolution. According to the data collected by our regulatory monitoring team, in the first weeks following the publication, the feedback received from professionals and operators focused mainly on custody, incident reporting, and insurance requirements. Industry analysts note that many responses require technical clarifications on multi-sig, asset segregation, and recovery protocols, as well as proposals to scale obligations based on the size of the operator. FCA Consultation: What’s on the Table The consultation document clarifies how to apply rules inspired by traditional finance to the crypto perimeter, balancing innovation, market integrity, and user protection. In this context, the goal is to introduce minimum standards for all firms under the supervision of the FCA, an essential step for a more transparent and secure sector, with measurable benefits for users. The proposed pillars Obligations towards consumers: assessment on the extension of the Consumer Duty – a requirement that mandates companies to provide “good outcomes” – to crypto services, with outcomes for users that are traceable and verifiable. Operational resilience: introduction of continuity requirements, incident response plans, and periodic testing to ensure the operational stability of platforms even in adverse scenarios. Financial Crime Prevention: strengthening AML/CFT measures through more stringent transaction monitoring and structured counterpart checks. Custody and safeguarding: definition of operational methods for the segregation of client assets, secure…
Share
BitcoinEthereumNews2025/09/18 05:40