Treasury Secretary Scott Bessent on Shutdown Day 2 10/2/25

As the federal government shutdown enters its second day with no resolution in sight, Joe Kernen and Becky Quick speak with CNBC’s Emily Wilkins about the ongoing negotiations between Democrats and Republicans and whether there is any chance of reaching common ground to pass a budget. Treasury Secretary Scott Bessent then joins to discuss the latest developments, including the economic impact of the shutdown, key sticking points in negotiations, the search for the next Fed chair, and the state of U.S. trade talks. Plus, CNBC’s Sharon Epperson breaks down upcoming tax changes for charitable donations, and Yahoo nears a deal to sell AOL. Emily Wilkins - 05:08 Sec. Scott Bessent - 20:10 Sharon Epperson - 39:21 Emily Wilkins, @emrwilkins Sec. Scott Bessent, @SecScottBessent Sharon Epperson, @sharon_epperson Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie