U.S. Treasury Secretary Calls Commerce Secretary 'Idiot' Over Ukraine Mineral Deal Dispute

According to The Hill, U.S. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick clashed today (June 24) over preparations for a Ukraine rare earth minerals transaction. Bessent accused Lutnick of proposing a "shitty deal" and called him an "idiot," while Lutnick claimed Bessent had undermined the agreement. The dispute stems from a 2025 U.S.-Ukraine accord granting the U.S. priority purchase rights over extracted minerals, with a joint 50-50 investment fund to manage the arrangement.
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