U.S. Treasury Secretary Scott Bessent made a series of comments in a Fox Business Network interview covering Iran, China, AI, and the U.S. economy. In reverse chronological order, his key remarks were:
saved $100 million from stopping payments to deceased people. Thank they can save 350 million this year from payments overallUS rose $130 million in a crypto while tied to the Iran’s IRGCOn Iran, China, have seen a substantial increase in purchases of arranging oil. On AI says that we are finding US watermarks on Chinese models.Starting to see the emergence of US open source models on AIOn Ai, says that we are creating competitors.On the economy says 3% growth is not unreasonable.On the Canada trade, says this is just repriprocityOn US government funding says that we don’t need another shutdown.
Speaking on FOXBusiness network, Treasury Secretary Bessent is speaking on a number of different topics. There is nothing unusual in what he is saying.
This article was written by Greg Michalowski at investinglive.com.