Jim Himes Challenges Treasury Secretary Scott Bessent Over Trump's Credit Card Interest Proposal
February 5, 2026
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11:25Now PlayingJim Himes Challenges Treasury Secretary Scott Bessent Over Trump's Credit Card Interest Proposal
YouTube Description
as posted by the channelUS News: During a House Financial Services Committee hearing on Wednesday(4 Feb 2026),US Representative Jim Himes (D-CT) asked Treasury Secretary Bessent about President Trump's proposed cap on credit card interest rates.
Himes pressed Bessent on the potential impact of the plan on consumers, lenders, and financial markets, while also raising concerns about transparency and oversight.
During the exchange, Bessent defended the administration’s approach but declined to name specific credit card companies he described as “bad actors,” prompting further criticism from lawmakers. Himes argued that Congress cannot conduct effective oversight without clear disclosures.
#jameshimes #scottbessent #usnews #trump #ustreasury #worldnews
Keywords: US Congress, Scott Bessent Testimony, World News, Global News, James Himes, Democrats Vs Republicans
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