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Scott Bessent has a pressing message for all Americans
Key takeaways
- Scott Bessent has a pressing message for all Americans Hillary Remy Mon, May 4, 2026 at 12:47 AM GMT+7 5 min read Most Americans celebrate a big tax refund as a win.
- His message, delivered at a White House press briefing on April 15, is simple but pointed: if you are getting a large refund, you have been giving the government an interest-free loan all year.
- "If you change your withholding, then you will get an automatic real wage increase…on a weekly or a monthly basis," Bessent said, according to C-SPAN.
Scott Bessent has a pressing message for all Americans Hillary Remy Mon, May 4, 2026 at 12:47 AM GMT+7 5 min read Most Americans celebrate a big tax refund as a win. Treasury Secretary Scott Bessent wants them to rethink that instinct entirely.
His message, delivered at a White House press briefing on April 15, is simple but pointed: if you are getting a large refund, you have been giving the government an interest-free loan all year. And there is a way to stop.
"If you change your withholding, then you will get an automatic real wage increase…on a weekly or a monthly basis," Bessent said, according to C-SPAN. "You will be able to keep more of your money this calendar year."
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