Watch live: Bessent testifies before House on Treasury Department priorities, budget
Summary
Treasury Secretary Scott Bessent is testifying before a House committee about President Trump’s budget plan for 2027 and the Treasury Department’s goals. The discussion comes as people worry about rising costs and inflation, especially with the ongoing conflict in Iran.Key Facts
- Scott Bessent is the current Treasury Secretary.
- He is testifying before the House Ways and Means Committee.
- The testimony focuses on President Trump’s budget request for fiscal year 2027.
- The Treasury Department’s priorities and plans will be discussed.
- Inflation and affordability issues are important topics in the hearing.
- The Iran war is contributing to economic concerns.
- Bessent had a Senate hearing the day before this House testimony.
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