Sec Scott Bessent: no accountability that is why unable to pass an audit. we have cracked down on that
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Sec Scott Bessent: “There was no accountability. That is why the 450 organizations that sit above Treasury, where Treasury acts as the paymaster, are unable to pass an audit. So, we have cracked down on that. Every payment now requires a TAS number.”
Sec Scott Bessent: “My personal view is that having a Central Bank Digital Currency is a sign of weakness, not strength.”
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Sec Bessent: as early as this week trade deals with some largest trading partners. They have come to us with very good offers
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Treasury Secretary Bessent: “Perhaps as early as this week we will be announcing trade deals with some of our largest trading partners. They have come to us with very good offers.”
Sec Scott Bessent: why unable to pass an audit, Central Bank Digital Currency is weakness not strength