Watch live: Bessent testifies before House on Treasury Department priorities, budget

Treasury Secretary Scott Bessent will testify before the House Ways and Means Committee on Thursday morning about President Trump’s fiscal 2027 budget request and priorities for the department as affordability and inflation concerns rise amid the ongoing Iran war. The hearing comes a day after Bessent faced similar heat in the Senate. The Treasury chief was also ribbed about his past beef with Federal Housing Finance Agency Director Bill Pulte — whom Trump recently appointed as acting director of national intelligence, which sparked backlash. The White House is seeking $11.5 billion in budget authority for the Treasury’s domestic programs in 2027, a 12 percent decrease from 2026 enacted levels. #scottbessent #house #teasury #budget