Geopolitics Alpha

Bessent blames Lutnick's Commerce Department for failing to block Megaspeed

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Bessent blames Lutnick's Commerce Department for failing to block Megaspeed

Scott Bessent told CNBC that several government agencies "were in favour of putting Megaspeed on the entity list for months".

Directly affected

  • No company is named in this report.

Indirectly affected

  • No related companies are mapped for this report yet.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Scott Bessent told CNBC that several government agencies "were in favour of putting Megaspeed on the entity list for months".

Source: BBC

This story

12 out of 100

“Bessent blames Lutnick's Commerce Department for failing to block Megaspeed” scores 12 out of 100. The score uses 1 sources.