Chairman's News

Senate Finance Committee to Hold FY2027 Treasury Budget Hearing with Secretary Scott Bessent

AI Analysis Relevanz: 9/10

Treasury Secretary Scott Bessent will testify before the Senate Finance Committee regarding the President's FY2027 budget proposal. This hearing is expected to outline the administration's fiscal priorities, tax policies, and debt management strategies, which are critical for financial markets.

Why relevant? Treasury budget hearings involve direct testimony on national fiscal policy, sovereign debt issuance, and tax legislation, all of which have a direct and significant impact on interest rates, bond markets, and the broader economy.

Original Article

from the Senate Finance Committee

Crapo Announces Budget Hearing with Treasury Secretary Bessent

Washington, D.C.—U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) announced the Committee will convene for a hearing entitled, “The President’s Fiscal Year 2027 Budget for the Department of the Treasury” on Wednesday, June 3, at 10:00 AM.

Title: The President’s Fiscal Year 2027 Budget for the Department of the Treasury

Witness: The Honorable Scott Bessent, Secretary, United States Department of the Treasury, Washington, D.C.

Date: Wednesday, June 3, 2026

Time: 10:00 AM ET

Location: 215 Dirksen Senate Office Building

Witness testimony, opening statements and a live video of the hearing will be available on www.finance.senate.gov.

Members of the press interested in covering this hearing in person should RSVP to the appropriate Senate press gallery.

Senate Daily Press: 202-224-0241 or [email protected]

Senate Periodical Press: 202-224-0265 or [email protected]

Senate Photographers: 202-224-6548 or [email protected]

Senate Radio/TV: 202-224-6421