White House press secretary Karoline Leavitt will hold a press conference on Wednesday at 1 p.m., featuring Treasury Secretary Scott Bessent and Kelly Loeffler, head of the Small Business Administration.
HOW TAX FILING HAS CHANGED DUE TO TRUMP’S ONE BIG BEAUTIFUL BILL ACT
Bessent, Loeffler, and Leavitt will focus their remarks on Tax Day messaging, and are reportedly expected to zero in on how the One Big Beautiful Bill Act is changing tax filing season for Americans. Provisions such as “no tax on tips” and “no tax on overtime” have allowed working Americans to claim more deductions, bringing in higher tax refunds across the country.
The Treasury chief is also likely to face questions about the war in Iran, the day after Bessent encouraged the Federal Reserve to continue to “wait and see” how the conflict would affect the economy before cutting interest rates.