Treasury Secretary Scott Bessent testifies before the Senate Committee on Banking, Housing, and Urban Affairs on Capitol Hill in Washington on Feb. 5, 2026. Madalina Kilroy/The Epoch Times
Treasury Secretary Scott Bessent warned this week that a Supreme Court ruling against the administration’s widespread use of tariffs could cause a “big loss” to the United States.
The Trump administration has cited a law at issue in the Supreme Court case, the International Emergency Economic Powers Act (IEEPA), to impose tariffs on national security grounds, such as dealing with drug-related crises.
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Original News Source Link – Epoch Times
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