The American Fintech Council (AFC) has expressed support for the nomination of Scott Bessent as Secretary of the Treasury. Phil Goldfeder, Chief Executive Officer of AFC, issued a statement welcoming the nomination and emphasizing the organization's readiness to collaborate with Bessent and his team.

Goldfeder stated, "The American Fintech Council welcomes the nomination of Scott Bessent as Secretary of the Treasury and stands willing and ready to work with him and his team to advocate for responsible innovation and policies that will encourage that endeavor." He highlighted the importance of consumer-focused policymaking at Treasury in providing Americans access to responsible financial products.

According to Goldfeder, such policies are crucial in helping individuals take greater control of their financial futures. The AFC is committed to supporting initiatives that promote sound and pragmatic financial regulations.