US Treasury Secretary Scott Bessent spoke with Bloomberg's Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern prior to this morning's CPI data. Bessent discusses the string of soft inflation reads, trade, and the future of the Fed.

US Treasury Secretary Scott Bessent spoke with Bloomberg's Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern prior to this morning's CPI data. Bessent discusses the string of soft inflation reads, trade, and the future of the Fed.

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Treasury Secretary Scott Bessent Talks the Future of the Fed

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d39d6886-7517-487c-ba5f-b31b00e008bd/transcript

IBM Chairman and CEO Arvind Krishna says that the recent slowdown in infrastructure deals was driven by a temporary reprioritization of customer capital spending rather than weakening demand. Speaking to Ed Ludlow and Romaine Bostick on Bloomberg Tech, Krishna says that about one-third of delayed products have already resumed. 

IBM Chairman and CEO Arvind Krishna says that the recent slowdown in infrastructure deals was driven by a temporary reprioritization of customer capital spending rather than weakening demand. Speaking to Ed Ludlow and Romaine Bostick on Bloomberg Tech, Krishna says that about one-third of delayed products have already resumed.

 IBM CEO Arvind Krishna Talks Infrastructure Deals

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7a165812-4336-4316-8e73-b4900130dffb/transcript

House Financial Services Chair Rep. French Hill joins Bloomberg to discuss the House backing Trump's Iran War budget despite midterm fears. He says Sen. Thune has many options in his arsenal to try and pass the budget. He also adds that no one wants high gas prices.

House Financial Services Chair Rep. French Hill joins Bloomberg to discuss the House backing Trump's Iran War budget despite midterm fears. He says Sen. Thune has many options in his arsenal to try and pass the budget. He also adds that no one wants high gas prices.

 Rep. French Hill Talks High Gas Prices, Cost of War

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b5398673-6807-40e2-9e82-b4900130dff5/transcript

BNP Paribas CFO Lars Machenil speaks with Bloomberg TV's Guy Johnson and Anna Edwards as the bank reported better-than-expected revenue and profit for the second quarter. "If you look at the cost of risk in our divisions, it is basically stable," he says. "What is that additional basis point coming from? It's because we took a prudent stand saying there is some geopolitical uncertainty and that allows us to take a generic provision for that uncertainty," Machenil adds.

BNP Paribas CFO Lars Machenil speaks with Bloomberg TV's Guy Johnson and Anna Edwards as the bank reported better-than-expected revenue and profit for the second quarter. "If you look at the cost of risk in our divisions, it is basically stable," he says. "What is that additional basis point coming from? It's because we took a prudent stand saying there is some geopolitical uncertainty and that allows us to take a generic provision for that uncertainty," Machenil adds.

 BNP Paribas CFO Machenil Talks Revenue, Risks, Geopolitics

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a029034d-e61e-47b1-a6e0-b4900130dff8/transcript

Treasury Secretary Scott Bessent Talks the Future of the Fed

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