Bessent testifies before Congress today: Treasury chief defends his record, says rising bond yields due to global issues — Live Feedhttps://www.live-feeds.com/feed/bessent-testifies-before-congress-today-treasury-chief-defends-his-record-says-rising-bond-yields-due-to-global-issuesContinuously updated, source-cited coverage. Treasury Secretary Bessent defends economic record before House panelhttps://www.live-feeds.com/feed/bessent-testifies-before-congress-today-treasury-chief-defends-his-record-says-rising-bond-yields-due-to-global-issueshttps://www.live-feeds.com/feed/bessent-testifies-before-congress-today-treasury-chief-defends-his-record-says-rising-bond-yields-due-to-global-issues#u70801Wed, 16 Sep 2026 16:15:58 +0000Treasury Secretary Bessent testified before a House panel on Wednesday to defend the Trump administration's economic record. The hearing took place as US Treasury yields reached new highs. Bessent attributed the rise in bond yields to global issues rather than domestic policy. House Democrats focused their questioning on rising costs, while the broader discussion covered interest rates, energy prices, and the state of the economy.Why it mattersTreasury Secretary testimony provides a direct look at the administration's fiscal strategy and its impact on global markets. Rising bond yiel