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Scott Bessent Warns SEC Shutdown Is Halting Major IPOs, Poses 'Serious National Security Issue' For America - MP Materials (NYSE:MP), Intel (NASDAQ:INTC)
Benzinga· 2025-10-14 11:44
U.S. Treasury Secretary Scott Bessent issued a stark warning, asserting that the ongoing government shutdown is not only politically motivated but also poses serious economic issues for America, including the stalling of major Initial Public Offerings (IPOs).Government Shutdown Affecting IPOs On Wall StreetIn an interview with Fox Business on Monday, Bessent directly blamed Democrats, stating, “the American people are being held hostage by Chuck Schumer’s poll numbers.”Beyond the immediate political theater ...