Treasury Secretary Scott Bessent testified on Wednesday morning before the Senate Finance Committee regarding President Trump's fiscal 2027 budget request for the Treasury Department. The proposed budget seeks $11.5 billion in budget authority for domestic programs, representing a 12 percent decrease from the 2026 budget.
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Treasury Secretary Bessent Testifies on Fiscal 2027 Budget Request
Treasury Secretary Scott Bessent presented the fiscal 2027 budget request to the Senate Finance Committee, which includes a proposed $11.5 billion for domestic programs. This amount reflects a 12 percent reduction compared to the previous year's budget.
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Original Headline
Watch live: Bessent testifies before Senate on Treasury budget as affordability concerns rise
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Treasury Secretary Bessent Testifies on Fiscal 2027 Budget Request