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Treasury Secretary Scott Bessent joins ‘Squawk Box’ to discuss the latest developments on the federal government shutdown, impact on the U.S. economy, sticking points in negotiations between Democrats and Republicans, search for the next Fed chair, state of U.S. trade negotiations, and more.

Scott Bessent explains the political aspects that resulted in the shutdown. Is the AOC branch of the Democrat party wagging the dog?

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He goes into detail about what happened, and what the Democrats were demanding in order to avoid a shut down. He points out where you can go to read the bill yourself.

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