Goldman Sachs CEO Owns 'Very Little' Bitcoin, Backs Bessent on Clarity Act
Goldman Sachs CEO David Solomon stated that crypto companies rejecting the proposed U.S. market structure bill should “move to El Salvador,” reinforcing recent remarks from U.S. Treasury Secretary Scott Bessent, who labeled such industry leaders as “nihilists” and “recalcitrant actors.” These comments were seen as directed toward Coinbase and CEO Brian Armstrong, who recently withdrew support for the Senate’s crypto bill, claiming no bill is preferable to a “bad bill.” Speaking at the World Liberty Forum, Solomon emphasized the necessity of a rules-based system for the crypto industry, calling regulatory codification “very, very important,” even if imperfect. He acknowledged owning a small amount of Bitcoin and identified as more of an observer. The event, hosted by World Liberty Financial at Mar-a-Lago, was attended by key figures in both traditional finance and crypto, including Binance founder Changpeng Zhao and representatives from a UAE investor who owns a major stake in the Trump family’s crypto company. Brian Armstrong is expected to speak at the same event.
