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On Hill, Treasury Chief Tight-Lipped on Tariffs, Trade Negotiations

In an at times contentious hearing, Secretary of the Treasury Scott Bessent testified before members of the House Financial Services Committee on Wednesday. But the hearing started off on a lighter note.

In an initial humorous exchange near the beginning of his testimony, the treasury secretary corrected Rep. Maxine Waters, D-Calif., when she asked him if they had met before. In a seemingly rhetorical question, Waters had asked Bessent if Wednesday had been the first day they had met, to which he answered, “No, ma’am. We actually met one New Year’s Eve in the Bahamas.”

Waters and others at the hearing could be heard laughing at Bessent’s remark. The California congresswoman subsequently asked why she did not remember the occasion, to which the treasury secretary quipped, “You were much better at the Electric Slide than I was.” Waters’ husband, Sid…

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