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Scott Bessent: “Big facilities being built in Arizona, but it's a big…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Paul Gigot in Conversation with U.S. Treasury Secretary Scott Bessent

Published | Video Starts at 22:12

That's interesting. We should pursue that. Yep. But I, we, we are moving as quickly as we can and I think that that will also be a step function change. Big facilities being built in Arizona, but it's a big ecosystem. So the Taiwanese have the history but they really have the ecosystem. They have this just surfeit of technicians with master's degrees in chip technology just because they've been there so long. (22:12–22:17)

CLAIM

Asserts that large semiconductor facilities are being constructed in Arizona.

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