Treasury Chief Seeks End to ‘Retaliatory’ Tax Amid GOP Rift
Washington, D.C. — U.S. Treasury Secretary Scott Bessent on Thursday urged Republicans in Congress to drop a controversial “retaliatory tax” provision targeting foreign investors, as lawmakers scramble to finalize a massive budget bill amid internal divisions and growing market unease. Foreign Investment Fears The provision, known as “Section 899,” would grant President Trump authority to […]
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