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Besant: The proposal for the "dividend" funded by the $2000 tariff requires congressional approval.
Golden Finance reports that U.S. Treasury Secretary Scott Bansen said on Sunday that the proposal to issue a “dividend” of $2000 in tariff funding to U.S. citizens, proposed by President Donald Trump on November 10, requires Congressional approval. According to Bloomberg, Besant stated during an interview on Fox News that aired on Sunday, “We need legislation,” indicating that without a new bill passed by Congress, the government cannot move forward with related work. Besant also mentioned that he expects families to feel more economic pressure early next year, noting that Trump's policy proposal includes tax cuts, and he predicts that inflation will slow down in the first half of 2026, with real income growth strengthening.