According to the US political news website Politico, the Senate nomination hearing for Scott Bessent as US Treasury Secretary is expected to be held on January 16. Bitpush previously reported that Scott Bessent has a friendly stance towards cryptocurrencies such as Bitcoin. In a previous crypto-related statement, Bessent said: "I am very excited about the president's acceptance of cryptocurrencies. I think it fits well with the Republican Party. Cryptocurrencies represent freedom, and the cryptocurrency economy will continue to exist."