Trump Treasury secretary meets with House Republicans amid tariff rollout
Treasury Secretary Scott Bessent is set to meet with a key Republican caucus on Capitol Hill on Wednesday, according to sources familiar with the planning. Bessent is scheduled to speak at the Republican Study Committee’s weekly lunch, where discussions are expected to revolve around tariffs and the budget reconciliation process.
House Republicans are currently grappling with the administration’s stance on tariffs, with some lawmakers seeking more clarity on President Trump’s intentions. The ongoing trade war with both allies and adversaries has raised concerns among Republicans, who are eager to understand whether these tariffs are a negotiating tactic or a long-term policy decision.
Rep. Don Bacon of Nebraska, who is leading a bipartisan effort to reclaim Congress’ authority on tariffs, expressed reservations about engaging in a trade war with multiple countries simultaneously. While he supports targeted tariffs on countries like China, he questions the necessity of imposing tariffs on allies such as Canada.
On the other hand, Rep. Mike Haridopolos of Florida voiced support for the administration’s tariff strategy, viewing it as a means of leveling the playing field in trade negotiations. He emphasized the importance of fair and reciprocal trade practices, suggesting that imposing tariffs on countries that levy disproportionate taxes on the U.S. could benefit American interests.
The Republican Study Committee, which comprises over 170 members, serves as a key policy-oriented group within the House Republican conference. Bessent’s presence at the committee’s meeting underscores the significance of addressing trade and budgetary issues within the party.
In addition to discussing tariffs, House Republicans are working on advancing a comprehensive bill that encompasses border security, energy, defense, and tax policies. While fiscal conservatives are pushing for significant spending cuts, the Senate’s version of the bill includes a minimum of $4 billion in reductions, compared to the House’s proposed $1.5 trillion in cuts.
As the White House collaborates with House GOP leaders to navigate these challenges, Bessent’s insights on trade negotiations and economic policies will be crucial in shaping the party’s approach. With the Trump administration prioritizing fair trade practices and strategic tariff implementation, Republicans are seeking to strike a balance between protecting American interests and fostering international partnerships.
In the midst of these discussions, Bessent’s engagement with the Republican Study Committee signals a concerted effort to address key economic issues facing the nation. As the Treasury Secretary navigates complex trade negotiations and budgetary decisions, his interactions with lawmakers are poised to shape the trajectory of U.S. economic policy in the coming months.
