Treasury Secretary Says US Can Easily Cover Any Tariff Refunds

The Treasury currently has $774 billion, more than enough to cover refunds if the Supreme Court rules against the government, Scott Bessent says.
Treasury Secretary Says US Can Easily Cover Any Tariff Refunds
Secretary of Treasury Scott Bessent in the Oval Office of the White House on Nov. 21, 2025. Jim Watson/AFP via Getty Images
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:

Treasury Secretary Scott Bessent said that his department can easily cover any refunds related to tariffs if the Supreme Court rules against the administration on their legality.

“It won’t be a problem if we have to do it, but I can tell you that if it happens—which I don’t think it’s going to—it’s just a corporate boondoggle,” Bessent told Reuters in an interview over the weekend. “Costco, who’s suing the U.S. government, are they going to give the money back to their clients?”
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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