Bessent clashed with Democrats on Capitol Hill over Venezuela cash flows and rising bond yields, while revealing a weekend meeting with his Chinese counterpart ahead of the Trump-Xi summit. David Lawder has more ▻ ↧ Bessent defends Trump economic policies, reveals plans to meet Chin... U.S. Treasury Secretary Scott Bessent defended a range of Trump administration economic policies before lawmakers ​on Tuesday, from currency and bond market interventions to AI safety, disclosing plans to meet with his Chinese counterpart this weekend.