PANews August 14 news, according to Jin10 report, US Treasury Secretary Besant: It is unlikely that we will reassess the US gold reserve 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%. There may be a beginning with a 25 basis point cut and then accelerate, believing there is a range of space for rate cuts. In addition, all options for selling shares in Fannie Mae and Freddie Mac are being explored.
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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, US Treasury Secretary Besant: It is unlikely that we will reassess the US gold reserve 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%. There may be a beginning with a 25 basis point cut and then accelerate, believing there is a range of space for rate cuts. In addition, all options for selling shares in Fannie Mae and Freddie Mac are being explored.