By — Associated Press Associated Press Leave your feedback Share Copy URL https://www.pbs.org/newshour/politics/watch-live-treasury-secretary-bessent-testifies-on-u-s-financial-stability-in-house-hearing Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter WATCH: Treasury Secretary Bessent testifies on U.S. financial stability in House hearing Politics Updated on Feb 4, 2026 2:12 PM EST — Published on Feb 4, 2026 9:58 AM EST Treasury Secretary Bessent had fiery exchanges with House Democrats during a committee hearing Wednesday. Watch in our video player above. Testifying at the House Financial Services Committee, Bessent had several loud exchanges with Democratic lawmakers over inflation and Trump family cryptocurrency investments. In one instance, after a back and forth over whether tariffs cause inflation or one-time price increases, California Democrat Rep. Maxine Waters told committee leadership about Bessent: "can someone shut him up?" Educate your inbox Subscribe to Here’s the Deal, our politics newsletter for analysis you won’t find anywhere else. Enter your email address Subscribe Form error message goes here. Thank you. Please check your inbox to confirm. And in a screaming match with Democratic New York Rep. Gregory Meeks over the Abu Dhabi royal family's purchase of roughly 49% of the Trump family's World Liberty Financial cryptocurrency firm last year, Meeks shouted at Bessent, "stop covering for the president. Stop being a flunky!" This story is developing and will be updated. A free press is a cornerstone of a healthy democracy. Support trusted journalism and civil dialogue. Donate now By — Associated Press Associated Press
Treasury Secretary Bessent had fiery exchanges with House Democrats during a committee hearing Wednesday. Watch in our video player above. Testifying at the House Financial Services Committee, Bessent had several loud exchanges with Democratic lawmakers over inflation and Trump family cryptocurrency investments. In one instance, after a back and forth over whether tariffs cause inflation or one-time price increases, California Democrat Rep. Maxine Waters told committee leadership about Bessent: "can someone shut him up?" Educate your inbox Subscribe to Here’s the Deal, our politics newsletter for analysis you won’t find anywhere else. Enter your email address Subscribe Form error message goes here. Thank you. Please check your inbox to confirm. And in a screaming match with Democratic New York Rep. Gregory Meeks over the Abu Dhabi royal family's purchase of roughly 49% of the Trump family's World Liberty Financial cryptocurrency firm last year, Meeks shouted at Bessent, "stop covering for the president. Stop being a flunky!" This story is developing and will be updated. A free press is a cornerstone of a healthy democracy. Support trusted journalism and civil dialogue. Donate now