Tag Archives: Scott Bessent

Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed Tuesday that the Trump administration is actively considering a direct investment in Intel, one of America’s most important but struggling chipmakers. While both officials underscored the strategic significance of bolstering U.S. semiconductor production, they offered differing perspectives on the ultimate goal of such a deal. If finalized, the move would …

The United States Treasury Department has announced fresh sanctions targeting Iran’s nuclear program, just days before anticipated discussions between American and Iranian officials in Oman. These sanctions aim to increase pressure on Tehran concerning its nuclear ambitions. The sanctions list includes five Iranian entities and one individual accused of supporting Iran’s nuclear activities. Notably, the Atomic Energy Organization of Iran …