Watch live: Bessent testifies before Senate on Treasury budget as affordability concerns rise

Treasury Secretary Scott Bessent will testify Wednesday morning before the Senate Finance Committee on President Trump's fiscal 2027 budget request for the department.

The White House is seeking $11.5 billion in budget authority for the Treasury Department’s domestic programs in 2027, a 12 percent decrease from 2026.

The hearing comes as affordability concerns and the...