Treasury Sec. Bessent: A Deal with Iran 8/4/26

In a newsmaking–and market-moving–interview, Treasury Secretary Scott Bessent suggests that the U.S. may have a deal with Iran as soon as today or tomorrow. He says, the “K-shaped economy is over,” and the era of the “C-shaped” economy has arrived. Plus, Snap CEO Evan Spiegel is at the Aspen Economic Strategy Group meeting for his company’s latest earnings release; he’s looking forward to new innovations like Snap’s Specs to drive demand for AI compute.

 

Treasury Sec. Scott Bessent - 14:10

Evan Spiegel - 44:59

 

In this episode:

Scott Bessent, @SecScottBessent

Evan Spiegel, @evanspiegel

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

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