Related Article: Treasury Secretary Reveals U.S. Bitcoin Surprise, Triggering Price Shockwaves - forbes.com - Friday, August 15, 2025, 7:42:41 AM Eastern Daylight Time
Target: U.S. Treasury Secretary Scott Bessent, White House Crypto Task Force, and relevant Congressional Committees
Goal: To ensure full transparency, democratic accountability, and public oversight of all U.S. government-held digital assets, including bitcoin.
The recent statements by Treasury Secretary Scott Bessent and subsequent clarifications have highlighted a troubling lack of transparency regarding the U.S. government's bitcoin reserves. Estimates of the government's holdings have swung wildly, with figures ranging from 29,000 to nearly 200,000 bitcoins, and the process for acquiring, selling, or holding these assets remains opaque.
Decisions about the nation's digital assets are being made by a small group of unelected officials, with little to no public input or Congressional oversight. This secrecy undermines public trust and raises concerns about the influence of private interests and the potential for mismanagement of public resources.
We call on the Treasury Department, the White House Crypto Task Force, and Congress to immediately take steps to ensure transparency, accountability, and public participation in all decisions regarding government-held digital assets. The public deserves to know how these assets are managed, who is making the decisions, and what principles guide these actions.