WATCH LIVE: Bessent testifies before the House Financial Services Committee – Washington Examiner
treasury Secretary Scott Bessent is set too testify before the House Financial Services Commitee at 10 a.m., where he will provide an update on the state of the international financial system. Recent indications suggest that a trade deal with China could be in the works, even though specific details have not been disclosed.The testimony is expected to touch on the ongoing U.S.-China trade war, which has seen escalating tariffs from President Trump, and upcoming discussions between Bessent and top Chinese officials in Switzerland regarding trade negotiations. The event will be livestreamed, allowing viewers to follow the developments in real-time.
WATCH LIVE: Bessent testifies before the House Financial Services Committee
Treasury Secretary Scott Bessent is testifying before the House Financial Services Committee at 10 a.m.
He is expected to provide House members with an update on the state of the international financial system.
A TIMELINE OF THE US-CHINA TRADE WAR
In recent weeks, Bessent has signaled that a trade deal with China may be in the works, but has not provided details. President Donald Trump has gone back and forth with the country, imposing higher and higher tariff rates as part of a trade war that has since plateaued.
Alongside U.S. Trade Representative Jamieson Greer, Bessent will meet with top Chinese officials in Switzerland to discuss such a deal.
" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
*As an Amazon Associate I earn from qualifying purchases
Now loading...