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US not eyeing stake in Nvidia, Treasury Secretary Bessent says

WASHINGTON, Aug 27 (Reuters) - A U.S. stake in chipmaker Nvidia (NVDA.O), opens new tab is "not on the table" Treasury Secretary Scott Bessent said on Wednesday. "I don't think Nvidia needs financial ... Read More
The US is exploring a stake in Intel. It wouldn't be used 'to drum up business,' Treasury Secretary says.

A US stake in Intel doesn't mean that President Donald Trump would put his finger on the scale for the beleaguered chipmaker. Treasury Secretary Scott Bessent said on Tuesday that while the White ... Read More
Treasury’s No. 2 Jumps Ship Just Months After Confirmation

Deputy Treasury Secretary Michael Faulkender is leaving the agency less than five months after being confirmed by the Senate. “I would like to thank Deputy Secretary Faulkender for his dedication and ... Read More
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