Bessent Set to Face Lawmakers Amid Scrutiny of Economy, Fed Policy

Treasury Secretary Scott Bessent is scheduled to testify before Congress, where he may face questions on a range of economic issues, according to a report from CNBC.

The report said Bessent could be pressed on rising energy prices, Federal Reserve policy, the level of government debt, and the broader economic agenda pursued by the Trump administration.

CNBC's report did not specify the exact date, committee, or additional details of the hearing beyond noting the range of topics lawmakers might raise with the Treasury Secretary.

The hearing comes as attention on the U.S. economy has intensified ahead of the midterm elections, according to the report's headline, though CNBC's excerpt did not elaborate on specific data points, poll numbers, or statements from lawmakers regarding the midterms.

Further details on the hearing's proceedings, including any statements from Bessent or committee members, were not included in the available excerpt.