
Scott Bessent says US gold holdings over $1 trillion won't affect the dollar's value.
Scott Bessent · Treasury Secretary · U.S. Department of the TreasurySee track record
“Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar”
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Scott Bessent says US gold holdings over $1 trillion won't affect the dollar's value.
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- Where it beganJul 22, 2026
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Fortune
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Scott Bessent · Fortune · News article
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Bessent dismisses concerns that gold reserves impact dollar stability, reinforcing faith in fiat currency.
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