The White House is in full crisis mode, as Treasury Secretary Scott Bessent said Sunday that the U.S. was on the brink of a financial collapse thanks to

Scott Bessent confirms US plans for a strategic bitcoin reserve, emphasizing regulation and curbing sales of seized assets.

Editor’s note: the story corrected to reflect the interviewer. U.S. Treasury Secretary Scott Bessent on Tuesday emphasized a firm commitment to reducing interest rates as a cornerstone of the Trump administration's economic strategy and outlined how lowering rates would alleviate financial pressures on American households and stimulate economic growth.