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Bessent told lawmakers that if China can “course correct” by upholding the trade agreement, a “rebalancing of the world’s two largest economies is possible.”

Scott Bessent in the hot seat

Treasury Secretary Scott Bessent is answering a barrage of questions from the House Ways and Means Committee right now.

We’ve got your guide to the key updates from Bessent on the China trade agreement, debt-limit timing and the tax bill.

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