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Bessent Defends Treasury Intervention Amid Bond Sell-Off. Democrats Question Trump's Economic Comeback Claims.

Treasury Intervention Amid Bond
International Business Times Fews App News Provider
Fews App Post Time Hace 15h

The hearing before the House Financial Services Committee was formally focused on oversight of the International Monetary Fund, but it quickly turned into a broader political debate over President Donald Trump's economic agenda. Saul Loeb/AFP via Getty Images Treasury Secretary Scott Bessent defended the Trump administration's economic record and his department's actions in financial markets during a combative House hearing Tuesday as Democratic lawmakers challenged him over rising borrowing costs, energy prices and the state of the U. S.

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