LAWMAKERS GRILL TREASURY SECY. ON ECONOMY

American households face rising prices, higher fuel costs and elevated interest rates. And on Tuesday, lawmakers have the opportunity to grill Treasury Secretary Scott Bessent about Trump administration plans to ease the squeeze on consumers, as the Iran war drags on. Bessent’s appearance before the House Financial Services Committee is part of annual testimony to Congress, but lawmakers are eager to press Bessent on inflation and recent turmoil in the bond market. Bessent, per a prepared statement, came ready to tout low unemployment and rising wages for low-income Americans. Karin Caifa has the key takeaways for your money in a package with free custom tags from Washington.