PANews reported on January 17 that according to Jinshi, Trump's Treasury Secretary candidate Benson said that if elected, he would work with Congress to remove the debt ceiling to ensure that the United States avoids debt default, and reiterated his opposition to central bank digital currency (CBDC). He supports the restoration of 100% corporate R&D tax credits, opposes the "pillar two" global corporate minimum tax, and advocates increasing sanctions on Russia to promote talks. He warned that failure to extend tax cuts would increase the tax burden on the middle class, emphasized the importance of adjusting federal spending and tax policies to economic recovery, and believed that Trump's policies could reduce inflation to 2%. In addition, he agreed that the Federal Reserve should remain independent and supported the improvement of the overall tariff plan through carbon tariffs.
Trump's Treasury Secretary Nominee Bessant: No Reason to Support Central Bank Digital Currency
- 2025-04-02
Trump says Musk will step down in a few weeks
- 2025-04-02
U.S. Democratic lawmakers ask SEC to preserve records of correspondence with World Liberty Financial
- 2025-04-02
The three major U.S. stock indexes opened lower, and Tesla fell more than 5%
- 2025-04-02
Trump Media & Technology Group files for potential sale of 8.4 million shares
- 2025-04-02
The crypto industry under “Made in Trump”: Challenges and opportunities in the tariff era?
- 2025-04-02
South Korea's 7-Eleven convenience stores participate in CBDC pilot, offering 10% discount to encourage use