Treasury Secretary Bessent testifies before House Financial Services Committee on economy and Iran sanctions
Treasury Secretary Scott Bessent testified before the House Financial Services Committee on September 15, 2026, covering the U.S. economy, the international financial system, and efforts to cut off financial support to Iran. He announced plans to meet with Chinese Vice Premier He Lifeng over the weekend to discuss sanctions enforcement related to the Iran war, ahead of President Xi Jinping's September 24 state visit to Washington. Bessent also cited progress with the UAE cutting off financial transactions with Iran and described Iran's economy as collapsing.
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Broad agreement on what happened
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“WATCH LIVE: Bessent testifies before House committee on economy”WE Washington Examiner RIGHT
“Watch live: Bessent faces House questions on economy” · Bloomberg, The Hill, Reuters, South China Morning Post, Globe and Mail