S. Treasury Secretary Scott Bessent stated that the United States should be the leading country globally in the field of digital assets. Speaking at the House Financial Services Committee, Bessent urged lawmakers to seek regulation for cryptocurrency: "The U.S. should be the number one spot for digital assets." When asked why the United States should be leading in this field, Bessent stated: "We believe that Congress and the Senate should create a good market structure to disseminate the best market practices of the United States worldwide." Bessent, who was appointed by President Donald Trump