Government Bailouts, Chip Innovation, and National Security Concerns

In the wake of the White House summit with European heads of state, Treasury Secretary Scott Bessent discusses the President’s strategy to broker peace in Ukraine and the likely terms for both sides in the conflict. Sec. Bessent also discusses the government’s potential stake in Intel, as well as the administration’s proximity to industrial policy in the pursuit of national security. Plus, Kristina Partsinevelos reports on Softbank’s $2 billion investment in Intel, and Nvidia is reportedly working on a new chip for China. 

Scott Bessent - 21:37

In this episode:

Scott Bessent, @SecScottBessent

Kristina Partsinevelos, @KristinaParts

Becky Quick, @BeckyQuick

Joe Kernen, @JoeSquawk 

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie