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Bessent Faces House Hearing as Debt Climbs and Yields Surge

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Source: The New York Times
Bessent Faces House Hearing as Debt Climbs and Yields Surge
Photo: The New York Times
TL;DR

Treasury Secretary Scott Bessent testifies before the House Financial Services Committee on the state of the financial system, with lawmakers likely to press on the swelling U.S. debt (now over $40 trillion), the Iran war’s impact on energy prices, and a volatile bond market as the 10-year yield pushes above 5% ahead of a Federal Reserve meeting.

Topics:businesseconomy#bessent#bond-yields#debt#economy#inflation
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  1. Live Updates: Treasury Secretary to Testify Before House Panel  The New York Times
  2. What to watch as Treasury Secretary Scott Bessent testifies before Congress  CNBC
  3. Scott Bessent testifies on Iran war, gas prices, inflation 2026  qz.com
  4. Live: Bessent testifies before Congress as US Treasury yields hit fresh high  Reuters
  5. Bessent testifies before Congress today: Treasury yields, interest rates, energy prices and the economy take focus — live updates  MarketWatch

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