Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

Source: Business Insider

"So, if we were to give too much certainty to the other countries, then they would play us in the negotiations," Scott Bessent said of ongoing trade talks. Andrew Harnik via Getty ImagesTop Trump officials confirmed reports that the White House is considering taking a stake in Intel. If it were to happen, Treasury Secretary Scott Bessent said the US wouldn't pressure companies to buy Intel chips.