12:21
U.S. Treasury Secretary Basant: It is unlikely that we will reassess the United States' gold reserve Holdings.
PANews August 14 news, according to Jin10 report, U.S. Treasury Secretary Besant: We are unlikely to reassess the United States' gold reserves holdings. The value of Bitcoin reserves is approximately $15 billion to $20 billion, and we will stop selling Bitcoin holdings. Gold will be retained as a store of value.
He also stated that he did not call for the Federal Reserve to lower interest rates to 1.5%. It may begin with a 25 basis point rate cut and accelerate, believing there is a range of room for rate cuts. In addition, all options for selling Fannie Mae and Freddie Mac equity are being explored.
BTC-3.09%