BESSENT: EACH CHINA MEETING, MOVING THE BALL FORWARD... DELISTING CHINA COMPANIES HASN'T BEEN ON TABLE YET
US 🇺🇸 TREASURY SECRETARY BESSENT JUST SAID: - A US STAKE IN NVIDIA $NVDA SEEMS 'NOT ON THE TABLE', DON'T THINK NVIDIA NEEDS FINANCIAL SUPPORT
BESSENT: A US STAKE IN NVIDIA SEEMS 'NOT ON THE TABLE'
US Treasury Secretary Scott Bessent said Washington is not considering taking an equity stake in Nvidia Corp. and does not believe the chipmaker needs any form of government financial support. He added that the idea of delisting Chinese companies from US exchanges has not been formally discussed. Bessent told reporters that a long-anticipated deal involving mortgage-finance giants Fannie Mae and Freddie Mac could emerge between September and early October. On relations with Beijing, he described this week’s visit by Chinese trade officials as largely technical but said each meeting is "moving the ball forward." Bessent expects to meet China’s vice premier in late October or early November and reiterated that "everything is on the table" in broader trade talks.
