Treasury secretary backs Trump's $5,000 checks
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Treasury Secretary Scott Bessent told the House Financial Services Committee on September 15, 2026, that the administration has a way to send Americans $5,000 checks, as MarketWatch reported, without financing them through new borrowing.
A number of GOP lawmakers have raised doubts about both the feasibility and merits of Trump's trillion-dollar proposal.
Nancy Mace dismissed Trump’s proposed $5,000 checks for Americans as GOP lawmakers question the plan’s feasibility, funding and eligibility ahead of the midterm elections.
Trump calls $5,000 checks a certainty and Congress an afterthought, but the Speaker of the House told a different story on the same weekend. What that gap means for your budget deserves a closer look before you start making plans.
Trump and various administration officials have offered several methods for how the $5,000 checks could be financed.