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Bessent boasts new inflation data, China trade progress during budget hearing
Posted
June 11, 2025
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June 11, 2025
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6:12Now PlayingTreasury Secretary Scott Bessent is testifying before the House Ways and Means Committee in Washington, D.C., where he boasted new Consumer Price Index data that showed cooling inflation. The rate did show a slight rise from April's numbers, however. Bessent also called out China after he spent days in London negotiating with senior Chinese officials on a potential trade agreement.
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