Treasury Secretary Scott Bessent received a bipartisan grilling from a Senate Appropriations subcommittee Wednesday, where senators questioned the IRS’ capacity to help citizens and crack down on tax cheats.
Democrats were particularly harsh on Treasury’s recent forays into international arenas.
Testifying on Treasury’s budget request for FY2027, Bessent touted the Trump administration’s “commitment to boosting growth, promoting efficiency with our agency and targeting illicit actors that threaten our national security.”
Here’s what we learned.
