Rep Ayanna Pressley presses Bessent on high gas prices induced by Iran war, tell me about this news in (https://www.foxnews.com/video/6405092428112)

During a House Financial Services Committee hearing, Representative Ayanna Pressley (D-MA) sharply questioned Treasury Secretary Scott Bessent regarding escalating gasoline prices and broader inflation, directly tying the spikes at the pump to the administration’s foreign policy decisions and military conflict involving Iran.Key highlights of the exchange include:

• Impact on Working Families: Pressley argued that the geopolitical escalation in the Middle East severely destabilized global energy markets, driving pump prices to unsustainable levels. She emphasized that working-class households and constituents in urban districts were bearing an immediate financial burden, with gasoline prices reaching steep highs and raising the overall cost of living.
• Challenging Treasury’s Economic Messaging: Pressley confronted Bessent over earlier administration assurances that domestic energy production and policy maneuvers would keep energy costs contained and inflation in check. She questioned the credibility and transparency of the Treasury’s forecasts in light of the sharp economic fallout.
• Bessent’s Defense: Bessent defended the administration’s strategy, arguing that energy market volatility stemmed from broader regional instability, hostile foreign actions, and pre-existing supply constraints rather than domestic mismanagement. He maintained that the Treasury’s long-term policies and regulatory posture are designed to restore fiscal stability and encourage domestic energy resilience.

The Fox News segment highlights the confrontation as a central flashpoint between progressive congressional Democrats and the Treasury Department over the domestic economic costs of overseas military engagements.