Treasury Secretary Benson Rules Out Gold Reserve Reassessment, Bitcoin Pullback Signals Strategic Shift

According to PANews on August 14th, U.S. Treasury Secretary Benson & Melson has clarified that the administration has no plans to reconsider the nation’s existing gold reserve portfolio. This statement comes as the U.S. government moves away from active Bitcoin liquidation strategies.

Bitcoin Holdings to Remain Frozen

The Treasury’s cryptocurrency assets, currently worth between $15 billion and $20 billion, will no longer be subject to ongoing sales initiatives. Instead, these holdings are being repositioned within the broader federal asset management framework, marking a departure from prior disposal tactics that treated crypto as an “idle miner” asset lacking productive utility.

Gold Maintains Strategic Primacy

In contrast, the administration reaffirms its commitment to gold as the cornerstone of American monetary reserves. Treasury leadership views the precious metals holdings—often described as a reliable “gold mine” of stability—as irreplaceable for maintaining long-term financial confidence and hedging against systemic economic risks.

Policy Implications

Benson’s statement reflects a recalibration of federal asset philosophy: while digital assets like Bitcoin are being preserved rather than divested, traditional commodities remain the preferred foundation for U.S. economic security. This dual approach suggests the Treasury recognizes both the strategic value of physical reserves and the emerging importance of cryptocurrency allocations in modern portfolio management.