This is an interview at the CNBC Invest in America Forum in Washington, D.C., where Sara Eisen interviews Treasury Secretary Scott Bessent about American industrial policy and the current investment boom. Bessent expresses optimism about the sustainability of the boom, attributing it to President Trump's policies, including tax certainty and deregulation. He criticizes the government shutdown, blaming Democrats, and discusses trade relations with China, including rare earth mineral restrictions. Bessent also addresses the potential AI bubble, the Fed chair interview process, and the strength of the U.S. dollar, highlighting the administration's focus on unleashing the private sector and promoting parallel prosperity for both Main Street and Wall Street.
Sign in to continue reading, translating and more.
Continue