A post by @FirstSquawk on X.
BESSENT SAYS COMMERCE DEPT NEEDS TO BE ASKED ABOUT BLACKLISTING
@FirstSquawk on X
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Treasury Secretary Scott Bessent said questions about blacklisting should be directed to the Commerce Department, according to a First Squawk tweet, leaving the specific entity or entities involved unstated. The remark signals that responsibility for the decision sits with Commerce rather than Treasury, an important distinction for markets watching which agency controls the levers of restriction. No names, sectors, or timelines were given in the brief comment. What to watch next is whether Commerce clarifies the scope of any blacklisting and whether it targets companies, sectors, or trade partners.
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Named in this story
Bessent, Commerce Department