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 (cnbc.com/2026/08/04/bessent-says-there-may-be-…) 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 (cnbc.com/2026/08/03/snap-q2-earnings-report-20…) 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 (x.com/SecScottBessent?lang=en)

Evan Spiegel, @evanspiegel (x.com/evanspiegel?lang=en)

Joe Kernen, @JoeSquawk (x.com/JoeSquawk)

Becky Quick, @BeckyQuick (x.com/BeckyQuick)

Andrew Ross Sorkin,@andrewrsorkin (twitter.com/andrewrsorkin)

Katie Kramer, @Kramer_Katie (x.com/Kramer_Katie)

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