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Eamon Javers Profile picture
@EamonJavers
Sep 18, 2020 • 6 tweets • 1 min read • Read on X
Just spoke to a senior administration official about the state of play on Oracle/Tik Tok right now. SAO said: No former CFIUS committee meetings yet, but Steven Mnuchin is holed up on the phones trying to work this out with his team. “No final decisions have been made.”
SAO: There is still “a chance” for an Oracle/Tik Tok deal by Monday.
But SAO also said: “WeChat is dead in the United States.”
SAO on Tik Tok: “Mnuchin cares about the deal but POTUS could take it or leave it.”
SAO says the Chinese government has not blessed the deal yet: “Chinese government has yet to signal that they would take the deal. That’s an important point here. They will be heard from.”
The official says that there is a scenario in which the parties could agree to a deal and Trump could bless it, and the Chinese will block the sale anyway.

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More from @EamonJavers

Eamon Javers Profile picture
Apr 22
Source in the room tells me this is a rough transcript of the comments Treasury Secretary Bessent made yesterday at a closed door event that are moving markets today:

“The next steps with China are, no one thinks the current status quo is sustainable at 145 and 125 [percent]. So I would posit that over the very near future, there will be a de-escalation. And I think that that should give the world, the markets, a sigh of relief… We have an embargo now, on both sides, right?”
Bessent says he expects 'de-escalation' in U.S.-China tariff fight soon cnbc.com/2025/04/22/bes…
Bessent also said: “If you look, I think that saw a number that container bookings between China in the U.S., and this is from two weeks ago, is down 64%. So the goal isn’t to decouple. The goal isn’t to decouple.
 
And I do say China is going to be a slog in terms of the negotiations, because that engagement started – I would - not yet. But I think again, I think neither side thinks the status quo, is sustainable, but I've said it quite a bit.”
Read 6 tweets
Eamon Javers Profile picture
Apr 1
The political problem for the Trump administration is simple: economic pain from the tariffs will come almost immediately, but the gain- long term restructuring of the economy- will take years.
President Trump seems willing to bet that American voters are willing to tough it out with him. But American voters are not famous for their willingness to tight things out. They’re more likely to vote them out.
My default is Trump is not running again, despite his dangling the prospect. So the urgent question for the rest of the GOP is: how much economic gain - manufacturing restructuring, onshoring, new plant openings, etc - if any will voters notice before the midterms.
Read 5 tweets
Eamon Javers Profile picture
Mar 12
Some drama yesterday involving an off the record session with some of the nation’s top CEOs and a secret recording - and it’s important because it shows how this Trump term is different from what many in the business community have been expecting. Here’s what happened:
FTC Chair Andrew Ferguson went to the Yale CEO conference in DC yesterday and delivered a bracing message to CEOs - many of whom had largely assumed that the Trump era guarantees an M+A boom to come. The closed door event was supposed to be off the record but someone secretly recorded it.
That recording made its way to Axios, which revealed comments by the new Trump FTC chair Andrew Ferguson to the CEOs. I was in the room for the meeting, and because Axios published the details, the FTC released me from my off the record commitment to report on it.
Read 9 tweets
Eamon Javers Profile picture
Aug 1, 2024
BREAKING: For months, I have been working w/ a great @CNBC team on a new documentary about Vladislav Klyushin, the Russian oligarch who was traded back to Moscow today. We were slated to pub tomorrow, but for obvious reasons, we are going live right now: cnbc.com/2024/08/01/put…
This is the inside story of an incredible criminal scam that reveals why the biggest insider trading scam on Wall Street for years… was based in Moscow. It was a hack-to trade scheme the resulted from a “bromance” between a Klyushin and his partner, a former Russian government intelligence hacker. Together, they generated millions of dollars in illicit gains at the expense of investors in American markets, fueling a spending spree on Porsches, yachting and private jet trips.
Our team got exclusive access to the American FBI and DoJ teams tasked with bringing down the operation. We learned how they uncovered the scheme and the high stakes moment they moved in to seize Klyushin by the ski slopes inSwitzerland.
Read 4 tweets
Eamon Javers Profile picture
Nov 16, 2023
My view of the standing ovation for Chinese President Xi Jinping tonight in San Francisco from a ballroom full of some of the most powerful American CEOs and Chinese officials. I’ll have more Thursday morning on ⁦@SquawkCNBC⁩ on ⁦@CNBC⁩.
It’s a little difficult to read, but here’s my pic of the program last night, listing who hosted the dinner honoring Chinese president Xi Jinping and who paid for it. Image
And these are some of the listed attendees.
Image
Image
Read 5 tweets
Eamon Javers Profile picture
May 26, 2023
The Washington Post obtained the transcript of JPMorgan exec Mary Erdoes’ deposition transcript in the Jeffrey Epstein sex trafficking lawsuit: washingtonpost.com/business/2023/…
The Post: “The deposition transcript shows Erdoes said she had been made aware of Epstein’s convictions for sexual offenses, his status as a high-risk sex offender, and public allegations of abuse of minors and human trafficking.“
“But she said she didn’t think it was her responsibility to remove him as a client, launch an inquiry into his accounts or refer them to compliance officials. JPMorgan has a separate process for dealing with client-related legal issues, she said.”
Read 5 tweets

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