Treasury Secretary Talks Tariffs with House Republicans

Washington D.C. - Treasury Secretary Janet Yellen held a meeting with House Republicans on Monday to discuss the administration's economic agenda, with a particular focus on potential new tariffs being considered by former President Donald Trump. The meeting, arranged by House GOP Conference Chair Lisa McClain, is part of an ongoing effort to ensure that members of Congress are well-informed about the White House's economic policies and their potential consequences.

During the meeting, Yellen addressed concerns raised by Republican lawmakers regarding the potential impact of new tariffs on American businesses, consumers, and the overall economy. Discussions covered a range of topics, including the potential for retaliatory tariffs from other countries, the impact on supply chains, and the effects on inflation.

"It's crucial that we maintain open lines of communication between the Treasury Department and Congress," said McClain in a statement following the meeting. "These discussions allow us to better understand the administration's plans and to provide valuable input on behalf of our constituents."

The potential implementation of new tariffs remains a significant point of contention, with some Republicans expressing concerns about the potential for negative economic consequences. The Treasury Department is expected to continue engaging with members of Congress as the administration weighs its options on trade policy.