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via businessinsider.comPolitics

Bessent blames the Commerce Department for not cracking down on Megaspeed

FROM THE WIRE · BUSINESSINSIDER.COM

"Commerce has the pen," Treasury Secretary Scott Bessent said. "You all will have to ask them about their internal processes."

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe oversight dispute over Megaspeed is political and may affect regulatory expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Treasury Secretary Scott Bessent said that Commerce has the pen.
  2. 02Bessent told reporters to ask Commerce about its internal processes.

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