Bessent says Treasury is not intervening in oil commodities markets and has no authority to do so
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Source: CNBC
Published: 2026-03-16 23:28 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Energy, Economy & Finance, Business & Economy
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Snippet:
Treasury Secretary Scott Bessent said Monday that the administration has no plans to intervene in financial markets and may not have the authority to do so even if it wanted.
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