PodcastSquawk PodSeptember 23, 2026
Socialism Vs. Capitalism & Diesel Exports 9/23/26
Bessent is emerging as a de facto White House AI policymaker as diesel export limits and Obamacare cuts advance amid capitalism-vs-socialism political messaging battles.
- Diesel export ban floated: Trump backs full or partial ban as diesel hits $6.52/gallon near record; industry warns it could deter refining investment despite near-term political relief before midterms.
- Bessent eyed as AI czar: Semaphore reports Treasury Secretary Scott Bessent is favorite for a White House AI czar role; he says China's vice premier acknowledged the U.S. remains ahead in AI.
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