Rep. Linda Sánchez Criticizes Treasury Secretary Scott Bessent During Congressional Hearing

<p>During a congressional hearing on June 4, 2026, Representative Linda Sánchez (D-CA) accused Treasury Secretary Scott Bessent of overseeing a department that she described as “the most corrupt in American history.” She cited rising inflation, high gas prices, and increased grocery costs as evidence of the Treasury's failures, attributing some of these issues to former President Trump's tariffs and the ongoing conflict in Iran.</p><p>Bessent responded to Sánchez's claims by stating that she was “short on facts and long on hot air.” He also rejected her characterization of the Treasury's performance.</p><p>Sánchez's comments included a focus on inflation, which she linked to Trump's tariffs and military actions in Iran, noting that energy prices have risen since the conflict began. Bessent countered her claims by stating, “On inflation, I will not take firefighting advice from an arsonist,” referencing the inflation experienced during the Biden administration.</p><p>Additionally, Sánchez criticized Trump's tariff policies, arguing they have increased costs for American consumers, with estimates suggesting that the average household could pay an extra $570 due to tariffs in 2026. While the Treasury collects tariff revenue, Bessent pointed out that trade policy is primarily determined by the White House and other agencies.</p><p>Sánchez also raised concerns about the IRS's failure to audit Trump's tax returns. Bessent clarified that the Treasury follows legal guidance and indicated that any issues regarding audits should be addressed to the Department of Justice, which has issued an order preventing the IRS from auditing Trump's past tax returns.</p><p>“At Treasury, we follow the rule of law,” Bessent stated.</p>