https://www.live-feeds.com/feed/lawmakers-press-treasury-secretary-on-rising-costsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/lawmakers-press-treasury-secretary-on-rising-costshttps://www.live-feeds.com/feed/lawmakers-press-treasury-secretary-on-rising-costs#u71559Wed, 16 Sep 2026 23:15:27 +0000Treasury Secretary Bessent testified before a House panel on Wednesday, defending the Trump administration's economic record during a contentious hearing. Bessent attributed rising bond yields to global issues and argued that the strength of the U.S. dollar stems from policy certainty and credibility. The session focused on energy prices, interest rates, and the broader economy as House Democrats questioned the Secretary on the cause of rising costs. These discussions occur as the Federal Reserve recently raised the benchmark interest rate to approximately 3.9% to combat inflation.Why it