Bessent calls on Congress to scrap 'revenge tax' from Trump bill after G7 strikes deal

thehill.com/business/5371931-bessent-calls-on-congress-to-scrap-revenge-tax-from-trump-bill-after-g7-strikes-deal

Treasury Secretary Scott Bessent asked House and Senate Republicans on Thursday to scrap the so-called "revenge tax" on foreign investments from their versions of President Trump's sweeping tax bill.
In a post on X, Bessent said he asked GOP lawmakers to strike Section 899, which would…

This story appeared on thehill.com, 2025-06-26 20:07:40.
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