#scott-bessent — Public Fediverse posts

People in glass houses shouldn’t throw stones.

And #Yale University as well as economists everywhere are probably hoping that #UnitedStates Treasury Secretary #ScottBessent would *stop* calling #Canada 🇨🇦 a “little #YippyDog.” https://en.wikipedia.org/wiki/The_dismal_science

#Resist #fascists in #USpol with #ElbowsUp 💪.

The Sneaky Attempt to End Cash

https://www.youtube.com/watch?v=1CZspAptXwQ

The End of Cash | Plain Meaning

On August 7th, 2026, a mostly empty Senate chamber passed a bill that
most Americans have never heard of. There was no recorded vote. Just
silence. And in that silence, something significant happened.

The Common Cents Act would end production of the penny permanently.
But buried inside an amendment introduced at 10:53pm by a blockchain
entrepreneur turned senator was something nobody really talked about.
It was a provision that would give the Secretary of the Treasury the
power to eliminate every coin in American circulation. The nickel. The
dime. The quarter. All of it could be gone with nothing but 60 days
notice to Congress.

In this episode of Plain Meaning, I break down exactly what happened
that night, who was behind it, and what they stand to gain. I look at
a senator known as the "crypto queen" and another senator who made his
money selling cars, and how they stand to gain from all this. I also
look at the firms behind them and why eliminating physical cash would
make them extraordinarily powerful.

I also ask the question nobody in Washington is asking--what happens
when the lights go out and your only form of payment is digital? What
happens when your digital wallet gets hacked? And what does it mean
for every American when a handful of technology firms control the
infrastructure every single transaction in your life must go through?

Physical cash is the only form of payment that requires no middleman,
no electricity, no network, and no permission. This episode explains
why that matters--and what you can still do about it.

The bill has not yet become law. The House must still vote on the
Senate version. There is still time. But only if people know what is
happening.

CHAPTERS:
0:00 — Introduction: When the Lights Go Out
3:19 — The Echo Chamber: What Happened on August 7th
6:30 — The Pushers: Who Is Behind This Bill
9:27 — Sneaky Sneaky: How They Passed It Without a Vote
11:38 — The New Middlemen: What a World Without Cash Really Looks Like

SOURCES:
— Common Cents Act (S.1525) — congress.gov
— Senate Amendment SA 6766 — Congressional Record S4586-S4588
— Senator Lummis financial disclosures — senate.gov
— FEC campaign finance records — fec.gov
— Andreessen Horowitz political spending — opensecrets.org
— Canada penny elimination study — Bank of Canada
— GENIUS Act text — congress.gov
— Chainalysis government contracts — justice.gov

#EndOfCash #CommonCentsAct #Penny #CynthiaLummis #BernieMoreno
#Bitcoin #Crypto #DigitalCurrency #CashIsKing #Senate #Congress
#PlainMeaning #CryptoQueen #AndriessenHorowitz #Blockchain
#PhysicalCash #KeepCash #LummisAmendment #DigitalWallet #CBDCWarning
#FinancialFreedom #CashPrivacy #SenateVote #UnanimousConsent
#CryptoIndustry #SaveThePenny #FederalReserve #TreasuryDepartment
#ScottBessent #KeepCash

#PlainMeaning #Documentary #NationalID #CashlessSociety #CBDC #CentralBanks #Surveillance #Censorship

Rick Scott: Turkey Is ‘Not Our Friend,’ Helps Iran

Sen. Rick Scott (R-Fla.) at the U.S. Capitol on March 06, 2024, in Washington, D.C. (Photo by Kevin…
#NewsBeep #News #BreakingNews #breakingnews #Iran #RickScott #scott #ScottBessent #Treasury
https://www.newsbeep.com/722844/

U.S. Treasury Secretary Bessent is piling pressure on BOJ Gov. Kazuo Ueda for a rate hike, noting that Japan has "probably reached the end of Abenomics." https://www.japantimes.co.jp/commentary/2026/09/07/japan/bessent-pressuring-on-rate-hike/?utm_medium=Social&utm_source=mastodon #commentary #japan #us #scottbessent #spikelee #boj #kazuoueda #abenomics #shinzo #fed #monetarypolicy #interestrates #japaneseeconomy

Bessent predicts oil prices could plunge to $40 a barrel after Iran conflict ends

NEWYou can now listen to Fox News articles! Treasury Secretary Scott Bessent predicted oil prices could fall to…
#NewsBeep #News #BreakingNews #breakingnews #Economicpolicy #Energy #foxnewsflash #foxnewsmedia #Iran #myview #Sanctions #ScottBessent #warwithiran
https://www.newsbeep.com/721102/

U.S. sanctions Turkish bank accused of enabling Iran

U.S. Treasury Secretary Scott Bessent speaks during a press conference at the Cash Room of the Treasury Department,…
#NewsBeep #News #BreakingNews #Banks #breakingnews #BreakingNews:Politics #businessnews #DonaldTrump #donald-j-trump #Elections #Governmentandpolitics #Governmentdebt #Iran #nationalsecurity #Politics #ScottBessent #Turkey #UnitedStates #worldeconomy #XiJinping
https://www.newsbeep.com/718696/

US severs Iran’s ‘financial lifelines’ to NATO ally Turkey with bank sanctions

WASHINGTON — The Treasury Department slapped sanctions on a bank in Turkey Friday in the latest effort to…
#NewsBeep #News #BreakingNews #breakingnews #GlobalEconomy #Iran #MiddleEast #Politics #Sanctions #ScottBessent #treasurydepartment #Turkey #USNews #Worldnews
https://www.newsbeep.com/718586/

Global divisions, U.S. unilateral actions and rising geopolitical tensions prevent the G20 from functioning as an effective coordinating body. https://www.japantimes.co.jp/editorials/2026/09/04/g20-flounders-again/?utm_medium=Social&utm_source=mastodon #editorials #g20 #us #coldwar #g7 #globaleconomy #china #scottbessent #russia #iran #straitofhormuz #eurozone #satsukikatayama #boj #kazuoueda #ai

The yen's moves are a mystery as intervention is dismissed in part due to the relatively slow pace of the strengthening. https://www.japantimes.co.jp/business/2026/09/04/markets/yen-friday/?utm_medium=Social&utm_source=mastodon #business #markets #yen #dollar #forex #satsukikatayama #financeministry #us #scottbessent #usjapanrelations #jgb #bonds

European Union joins U.S.-led ‘Operation Economic Outcast’

U.S. Treasury Secretary Scott Bessent speaks during a “fireside chat”, as finance ministers and central bank go…
#NewsBeep #News #BreakingNews #@GC26Z #@LCO26X #@LCO27G #AsiaEconomy #breakingnews #BreakingNews:Asia #BreakingNews:Politics #businessnews #ChristopherWright #Defense #Foreignpolicy #Governmentandpolitics #Iran #OilandGas #Politics #ScottBessent #Tehran #U.S.Economy #UnitedStates #WorldMarkets
https://www.newsbeep.com/717906/

Vance: Countries privately aiding Iran isolation effort

WASHINGTON (Gray DC) – Vice President JD Vance said Thursday that “Operation Economic Outcast,” the Treasury Department’s effort…
#NewsBeep #News #BreakingNews #breakingnews #China #ChinaIranTrade #China-Iran #Dc #Iran #iranwar #IranianIsolation #JDVance #OperationEconomicOutcast #Pakistan #ScottBessent #SecretaryBessent #TreasurySecretary #VP #VPOTUS #Washington #WhiteHouse
https://www.newsbeep.com/717746/

@KimPerales #UnitedStates Secretary of the #Treasury #ScottBessent “will gladly pay you Tuesday for a hamberder 🍔 today!”

#Resist the #Trump #kakistocracy hilariously!

‘Not normal behaviour’: De Nederlandsche Bank reallocates gold from US

For six months between March and August, the Dutch central bank quietly shifted 86 tons of gold out…
#NewsBeep #News #Headlines #assets #Bonds #CA #Canada #Gold #ScottBessent #U.S.DepartmentoftheTreasury
https://www.newsbeep.com/717220/

The yen rallied overnight and into the trading day in Tokyo on Thursday, with the currency breaking ¥158 to the dollar for the first time in about three weeks. https://www.japantimes.co.jp/business/2026/09/03/markets/yen-market-rally/?utm_medium=Social&utm_source=mastodon #business #markets #yen #dollar #forex #satsukikatayama #financeministry #us #scottbessent #usjapanrelations #jgb

Bessent: US destroying Iran’s economy, ‘asphyxiating’ IRGC

Allies of the US will support the country’s efforts to “economically asphyxiate” Iran, US Treasury Secretary Scott Bessent…
#NewsBeep #News #BreakingNews #breakingnews #China #g20 #Iran #Iransanctions #IRGC #sanctionsagainstiran #ScottBessent #UnitedStates #USsanctionsonIran #US-Chinarelations #USA
https://www.newsbeep.com/716488/

Bessent pitches financial literacy to world’s largest economies

ASHEVILLE, N.C. (AP) — Driven in part by his own experience with poverty as a child, Treasury Secretary…
#NewsBeep #News #Economy #Asheville #Business #CA #Canada #DomesticNews #DonaldTrump #Financialwellness #Generalnews #Irán #JulieMorgan #NCStateWire #NorthCarolina #Personalfinance #Politics #ScottBessent #Washingtonnews
https://www.newsbeep.com/ca/881245/

#scottBessent at tbe #g20:

I'm getting a lot of questions that should be answered by my "I don't think we are in a dire situation" tshirt....

China dissented as G20 opposed export trade distortions: Bessent

Treasury Secretary Scott Bessent speaks after the 2026 G20 Financial meetings on Sept. 1, 2026 in Asheville, North…
#NewsBeep #News #Headlines #@LCO27G #asheville #BreakingNews:Politics #businessnews #CA #Canada #China #DonaldTrump #Elections #Foreignpolicy #Governmentandpolitics #Politics #ScottBessent #U.S.Economy
https://www.newsbeep.com/715684/

Scaramucci warns Bessent and Lutnick of ‘Potomac fever’

Anthony Scaramucci has described having “Potomac fever” in the White House — and said Scott Bessent and Howard…
#NewsBeep #News #Topstories #anthonyscaramucci #BreakingNews:Politics #Business #businessnews #DonaldTrump #GoldmanSachsBDCInc #Governmentandpolitics #Headlines #HowardLutnick #nationalsecurity #Personnel #Politics #ScottBessent #TopStories #Washington
https://www.newsbeep.com/715622/

Bank of Japan Gov. Kazuo Ueda said the bank's board would decide on policy with upside price risks in mind, hinting that a rate hike is likely when authorities convene for a board meeting later this month. https://www.japantimes.co.jp/business/2026/09/02/economy/boj-ueda-katayama-rate/?utm_medium=Social&utm_source=mastodon #business #economy #scottbessent #yen #dollar #g20 #forex #boj #satsukikatayama #usjapanrelations #kazuoueda #japaneseeconomy

🚨🇺🇸🇮🇷 El secretario del Tesoro, Scott Bessent, exigió a la comunidad internacional sumarse al endurecimiento de sanciones contra Irán. 🤯 Bessent declaró ilegítimo al gobierno iraní #asheville #DepartamentoDelTesoro #DonaldTrump #EstadosUnidos #g20 #irán #OrienteMedio #ScottBessent #teherán #VestnikKavkaza https://soyarmenio.com/estados-unidos-exige-comunidad-internacional-sanciones-iran/

CNBC Daily Open: Markets trapped in Iran doom loop

A view of a new anti-U.S. billboard featuring Preside…
#NewsBeep #News #BreakingNews #@LCO26X #@LCO27G #anthonyscaramucci #breakingnews #businessnews #Canada #China #ChristopherWright #DonaldTrump #donald-j-trump #EuroSTOXX50Index #Foreignpolicy #GoldmanSachsBDCInc #Governmentandpolitics #Iran #Japan #MarkCarney #NarendraModi #NokiaCorp #ScottBessent #Ukraine #UnitedStates #Venezuela #VladimirPutin #VolkswagenAG
https://www.newsbeep.com/715346/

G20 finance leaders closed their gathering with a statement that all but China backed in full, as Washington insisted that Moscow's presence had no effect on talks. https://www.japantimes.co.jp/news/2026/09/02/world/politics/g20-finance-talks-us-russia/?utm_medium=Social&utm_source=mastodon #worldnews #politics #g20 #china #russia #us #scottbessent

U.S. Treasury Secretary Scott Bessent voiced strong support for "decisive" monetary steps to combat yen weakness in a meeting with Bank of Japan Gov. Kazuo Ueda, cementing the case for a Japanese rate hike this month. https://www.japantimes.co.jp/business/2026/09/02/economy/us-bessent-boj-ueda-yen/?utm_medium=Social&utm_source=mastodon #business #economy #scottbessent #yen #dollar #g20 #forex #boj #satsukikatayama #usjapanrelations #kazuoueda

Trump Goes After Anonymous Email Provider in Italy. The Real Target Is Free Speech in the U.S.

Trump designated an Italian web-hosting provider as a foreign “terror” group. It could take #antifascist sites in the U.S. offline.

Matt Sledge
August 28 2026

"In the latest escalation of the Trump administration’s war on the left, the U.S. government’s designation of a popular antifascist webhosting provider as a terror group could shutter a swath of radical websites in the U.S.

"Secretary of State #MarcoRubio and Treasury Secretary #ScottBessent announced Wednesday that they were targeting the Italy-based A/I Collective with terror sanctions. Federal law gives the Treasury Department broad discretion to apply the terror label to foreign groups.

"A wide array of #anarchist, antifascist, and #FarLeft groups in the U.S. and abroad use the privacy-minded collective’s offerings, including an anonymous email service and its popular noblogs.org blogging platform.

"The practice of designating an internet platform and service provider as a terror group — rather than those pursuing violence themselves — has 'huge' implications for the future free speech on the internet, warned Jillian York, the director of international freedom of expression at the #ElectronicFrontierFoundation.

" 'They are going after the messenger,' York said. 'I don’t think that the members of the group would necessarily condone the actions of the people that they hosted. What they do condone is the freedom to host, the ability to be anonymous, the ability to be private.'

"The A/I Collective told The Intercept that it is exploring its legal options to fight the sanctions, which block U.S. citizens and companies from providing the group with financial support.

"In an unsigned statement, the group said that it denies the U.S. government’s allegations.

" '#Antifascism and #anticapitalism are not #terrorism ,' the group said. '#Protesting is not terrorism. And everyone has the right to speak out and to struggle for #humanity.' " [And #MotherEarth ! ]

Source:
https://theintercept.com/2026/08/28/trump-antifa-terrorist-websites-free-speech/

Archived version:
https://archive.ph/4ETk2

#FreeSpeech #AutisticiInventati #Solidarity #USPol #WorldPol #SolidarityWithAutisticiInventati #FreedomOfExpression #SilencingDissent #CriminalizingDissent #CriminalizingProtest #Fascism #CharacteristicsOfFascism

LIVE: US Treasury Secretary Bessent speaks as G20 finance meeting ends

U.S. Treasury Secretary Scott Bessent holds a briefing, closing out the G20 Finance Ministers meeting. #scottbessent #G20 Keep up with the latest news from around the world:

https://fllics.com/en/video/live-us-treasury-secretary-bessent-speaks-as-g20-finance-meeting-ends/

Scott Bessent Says Iran Bank Sanctions Could Come This Week, Strait Of Hormuz Will Be ‘Worthless’ In 2 Years

Bessent said the U.S. could announce new sanctions targeting Iranian banks this week and again next week. He…
#NewsBeep #News #BreakingNews #Bessent #breakingnews #China #Iran #iranian #ScottBessent #Treasury #u.s. #U.S.Treasury
https://www.newsbeep.com/714500/