WATCH: Rep. Smith makes opening statement in Bessent budget hearing

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Rep. Jason Smith, R-Mo., chair of the House Ways and Means Committee, made an opening statement Thursday in a budget hearing with Treasury Secretary Scott Bessent. Bessent appeared in a Senate Finance Committee hearing Wednesday, where he was questioned by Democrats about the fate of a legal settlement between President Donald Trump and the IRS that granted him immunity from future audits. Bessent refused to say whether that aspect was still operational, after the Justice Department announced this week it was dropping a $1.776 billion “anti-weaponization fund” that would potentially aid Trump allies. Watch PBS News for daily, breaking and live news, plus special coverage. We are home to PBS News Hour, ranked the most credible and objective TV news show. Newsletters: https://www.pbs.org/newshour/subscribe PBS News podcasts: https://www.pbs.org/newshour/podcasts Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG Find more from PBS News at https://www.pbs.org/newshour Subscribe to our YouTube channel: https://bit.ly/2HfsCD6 Follow us: TikTok: https://www.tiktok.com/@pbsnews X: http://www.twitter.com/newshour Instagram: http://www.instagram.com/newshour Facebook: http://www.pbs.org/newshour

Published 2026-06-04 · Watch on YouTube ↗
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