Treasury Secretary Bessent Promotes Trump Economic Agenda and Tax Reform in Senate Testimony
June 12, 2025
June 12, 2025
WASHINGTON, June 12 -- Treasury Secretary Scott Bessent testified before the Senate Appropriations Subcommittee on Financial Services and General Government, emphasizing the administration's focus on modernizing the tax system and reshaping global trade.
He highlighted a sharp rise in tax receipts and cost savings at the Internal Revenue Service as evidence of improved efficiency under current reforms. Bessent promoted the One Big Beautiful Bill Act, which would make the 2017 . . .
He highlighted a sharp rise in tax receipts and cost savings at the Internal Revenue Service as evidence of improved efficiency under current reforms. Bessent promoted the One Big Beautiful Bill Act, which would make the 2017 . . .