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Scott Bessent has been confirmed as Secretary of the Treasury by the United States Senate.
Bessent is pro-crypto, and has declared he wants to get rid of the income tax and replace it with a consumption tax.
As Treasury Secretary, I’m committed to eliminating income taxes, replacing them with a fair consumption tax, and adopting a gold-backed currency. We’ll erase debt, restore financial privacy, and unlock new technologies for a prosperous future. The golden age starts now.
