Trump’s $2,000 tariff check requires new law, Bessent says

President Trump’s plan to send $2,000 tariff dividend checks to most Americans would require new legislation, Treasury Secretary Scott Bessent said.

The proposal has gained attention as the administration addresses an affordability crisis, with Trump suggesting the checks target low- and middle-income households.

Bessent confirmed the payments would have an income limit and focus on working families.

Challenges include potential inflationary effects and a pending Supreme Court case that could void many of Trump’s tariffs, reducing the funds available, Axios has reported.

Congress would need to consider the proposal, though it remains unclear if there is support for such legislation.