“Did Nvidia know their client?” Bessent asks, saying anyone at the company should be held accountable for chips leaking to China.
World News
Despite Treasury's Scott Bessent's remarks, financial tracker CME Fed Watch forecasts rate hike in December likely.
Scott Bessent told CNBC that several government agencies "were in favour of putting Megaspeed on the entity list for months".
Politics & Governance
Treasury Secretary Scott Bessent on Friday accused the Commerce Department of a delay in labeling Nvidia customer Megaspeed a possible national security threat, publicly airing an ongoing administration blame game following the ouster of Nvidia CEO Jensen Huang. CNN’s Kevin Liptak reports.
Treasury Secretary Scott Bessent on Friday accused the Commerce Department of a delay in labeling Nvidia customer Megaspeed a possible national security threat, publicly airing an ongoing administration blame game following the ouster of Nvidia CEO Jensen Huang.
US Treasury Secretary Scott Bessent becomes the latest Trump official to move onto a military base following security concerns. Here's what to know.
Treasury Secretary Scott Bessent challenged Commerce Secretary Howard Lutnick over his department’s reluctance to label Nvidia customer Megaspeed a possible national security threat in a Situation Room confrontation last week that illustrates the tension inside the Trump administration over Chinese access to Nvidia’s advanced chips, two people familiar with the matter told CNN.
Kathmandu. After receiving a death threat from Iran, US Treasury Secretary Scott Bessent has prioritized his security and moved from his private residence in the Washington area to a US military ba...
Bessent is now one of several Trump administration officials to live on military bases due to safety concerns.
Technology
During Xi's September visit, Washington and Beijing agreed to launch an AI dialogue with a communications channel to help defuse serious incidents.
Technology
Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick about why the administration had not put restrictions on chip sales to Megaspeed.
World News
The move comes as the Department of Justice said late Tuesday that three Iranian nationals have been indicted on terrorism-related charges.
World News
A deliberate expansion of Iran’s campaign of retaliation beyond the Middle East could be taking place, said an expert.
Technology
US Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick about failing to put the alleged Chinese spy-run company on a list of national security concerns, Axios reported, though the Commerce Department denied the interaction. Meanwhile, The Wall Street Journal reported Huang’s birthplace of Taiwan is unnerved by his affair.
World News
Iran is said to have geo-located Bessent's $12.5m mansion in Washington, DC after a photo of it was published.
Technology
Treasury Secretary Scott Bessent joined CNBC for an interview on Oct. 28, 2026.
Politics & Governance
Cheesecake Factory has emerged as a campaign talking point before next week's election, with Treasury Secretary Scott Bessent dining there Monday.
World News
Outbound investment rule aims to stop adversaries “from using U.S. investment to develop critical technologies”, Bessent says.