Dossier
United States Treasury
Coverage of United States Treasury in the Nexus archive.
Scott Bessentperson1Chinaplace1Artificial Intelligencetopic1Economic Club of New Yorkorganization1Patrick Wittperson1White Houseplace1President's Council of Advisors for Digital Assetsorganization1U.S. Strategic Bitcoin Reservetopic1Federal Bureau of Investigationorganization1U.S. Marshals Serviceorganization1
- America’s ‘biggest risk’ on AI is China getting ahead, Bessent says
US Treasury Secretary Scott Bessent stated that China surpassing the United States in artificial intelligence is the 'biggest risk' of the technology, emphasizing that this risk outweighs concerns over safety or job losses. He highlighted China's willingness to discuss AI as evidence of America's current technological lead.
- White House: Bitcoin Reserve Announcement Is Imminent
The White House is set to announce the U.S. Strategic Bitcoin Reserve, with Executive Director Patrick Witt stating that a major legal hurdle has been cleared. The reserve holds an estimated 328,372 BTC and is expected to be a significant development in the use of cryptocurrency as a strategic asset. An announcement is imminent, according to Witt.