LIVE: Scott Bessent Appears Before The House Committee on Financial Services | Trump Tariffs | N18G

Описание: USA LIVE: Scott Bessent Appears Before The House Committee on Financial Services | Trump Admin | CNBC TV18
U.S. Treasury Secretary Scott Bessent appears before the U.S. House of Representatives Committee on Financial Services, which is holding a hearing on the annual report of the Financial Stability Oversight Council.
Treasury Secretary Scott Bessent is set to testify before the House Financial Services Committee Wednesday and the Senate Banking Committee on Thursday.
It’ll be lawmakers’ first chance to grill him after the Justice Department opened an investigation into Federal Reserve Chair Jerome Powell — but don’t expect Republicans to partake.
Financial Services Chair French Hill, R-Ark., told Semafor he wants Bessent to “illustrate how much better the American economy is doing than [was] forecast” a year ago, as well as to weigh in on why Republicans’ proposal to roll back regulations on smaller banks “is helpful to boosting economic growth.”
Bessent spoke at the House Appropriations subcommittee about the latest tariff negotiations and claimed the U.S. was in negotiations with 17 trade partners. However, he noted that one major trade partner has not spoken to the U.S. yet.
"China, we have not engaged in negotiations with as of yet," he testified.
Bessent's comments contradict Trump's claims that he has been talking with Chinese leaders over the tariffs.
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