Business

Trade Negotiations and Debt Limit: Takeaways From Bessent’s Testimony to Congress

Trump’s economic agenda ‘is bearing fruit,’ says Treasury Secretary Scott Bessent.
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Trade Negotiations and Debt Limit: Takeaways From Bessent’s Testimony to Congress
Treasury Secretary Scott Bessent testifies before the House Appropriations Committee in the Rayburn House Office Building in Washington on May 6, 2025. Kayla Bartkowski/Getty Images
Andrew Moran
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Treasury Secretary Scott Bessent appeared before the House Appropriations Committee on May 6, talking to lawmakers about a wide range of issues, from tariffs to the debt ceiling.

Bessent touted President Donald Trump’s economic agenda of deregulation, tax cuts, and trade changes.

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Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."