Treasury Secretary Scott Bessent organized a meeting with the "Big 6" group at the U.S. Department of Treasury today. The meeting included White House National Economic Council Director Kevin Hassett, Senate Majority Leader John Thune, House Majority Speaker Mike Johnson, Senate Finance Committee Chairman Mike Crapo, and House Ways and Means Committee Chairman Jason Smith. Also present were James Blair, Assistant to the President and Deputy Chief of Staff for the Office of Legislative Affairs, and James Braid, Deputy Assistant to the President and Director of the Office of Legislative Affairs.
The agenda focused on discussions regarding the permanent extension of the Trump Tax Cuts. This move aims to prevent what is being described as potentially the largest tax increase in history affecting American workers, families, and small businesses.
Secretary Bessent emphasized that “the American people gave this Administration a clear mandate to restore our nation’s prosperity—lower taxes, bigger paychecks, and a stronger economy.” He expressed his commitment to collaborating with Congress to make President Trump's tax cuts permanent. “Today’s productive meeting gives me confidence that a swift timeframe is achievable,” he added.
