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Connect scattered updates into a story you can understand.
U.S. Treasury Secretary Bessent said that even if Congress takes no action, the Treasury will work to coordinate the SEC and CFTC cryptocurrency regulatory frameworks.
PANews reported that the U.S. Treasury plans to repurchase up to 6000000000 USD longer-term bonds on Tuesday.
U.S. Democratic Senator Elizabeth Warren questioned Treasury Secretary Scott Bessent about the Treasury Department’s recent intervention in the U.S. Treasury market, including measures concerning funding for Treasury buybacks and lowering long-term yields.
PANews, citing market sources, reported that the U.S. Treasury withdrew proposed cryptocurrency monitoring rules targeting non-custodial wallets and CVC crypto mixers; no official document has yet substantiated this.
PANews said that the U.S. Treasury will October 1 purchase up to 6000000000 USD of 10- to 20-year U.S. Treasury notes in a liquidity buyback operation.
X account @secscottbessent posted: “Under Operation Economic Outcast, Treasury will continue to target and disrupt those who provide material, technological, or financial support that allows the Iranian regime to sustain its terrorist enterprise. Treasury will not tolerate any support to the regime and will”
PANews cited Axios as reporting that U.S. Treasury official Luke Pettit will October leave and join the private sector; the report said he previously participated in work related to the GENIUS bill and the CLARITY bill.
The U.S. Treasury stated that it plans to buy back at least 4 billion and at most 6 billion USD in long-term Treasuries on Thursday.
U.S. Treasury Deputy Secretary Brooke stated that the Treasury will continue refining and expanding the U.S. Treasury securities buyback program.
