Bessent Heads to Congress as Inflation, Debt and IMF Scrutiny Rise

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Source: cnbc.com
Bessent Heads to Congress as Inflation, Debt and IMF Scrutiny Rise
Photo: cnbc.com
TL;DR

Treasury Secretary Scott Bessent testifies before the House Financial Services Committee on IMF oversight and global finance, while lawmakers press him on inflation, energy costs, interest rates, and the national debt. The administration will highlight wage gains for lower-income Americans and sanctions on Iran amid rising oil prices and ongoing debate over Fed policy.

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