Published Date: 29.04.2025 03:56 / Politics

Bessent, GOP Discuss Trump Tax Bill

Bessent, GOP Discuss Trump Tax Bill

United States Treasury Secretary Scott Bessent met with top congressional Republicans on Monday to discuss President Donald Trump's proposed tax legislation, referred to by the president as the “big, beautiful bill.” The meeting took place at 4:00 pm ET at the Capitol, according to sources cited by Politico.

In attendance were Senate Majority Leader John Thune, House Speaker Mike Johnson, House Ways and Means Committee Chair Jason Smith, Senate Finance Committee Chair Mike Crapo, and National Economic Council Director Kevin Hassett. The group gathered to deliberate on the next steps in advancing the GOP tax bill, which aims to reshape U.S. economic policy under Trump’s leadership.

President Trump has described the bill as a critical component of his economic agenda, claiming it will “unleash economic prosperity.” Administration officials have positioned the legislation as a key driver for tax reform, business investment, and middle-class relief.

National Economic Council Director Kevin Hassett expressed optimism regarding the bill's trajectory, stating that he expects it to pass by early summer. The presence of both congressional leadership and top economic advisers at the meeting signals a coordinated push to move the legislation forward in the coming months.

The closed-door discussion also likely included strategic planning on how to build consensus among Republicans, navigate legislative hurdles, and structure the bill to meet the administration’s broader fiscal objectives.

As the Trump administration pushes ahead with its economic agenda, the tax bill remains a central focus, symbolizing its promise to deliver structural reforms and renewed growth to the American economy.