U.S. Secretary of the Treasury Scott Bessent will hold a press conference in Phoenix, Arizona, on August 6, 2026, following a roundtable discussion with community bankers from across the state.
Secretary Bessent, joined by U.S. Comptroller of the Currency Jonathan Gould, will discuss the Trump Administration's pro-growth economic agenda and efforts to strengthen the U.S. financial system. Key topics include alleviating regulatory burdens on community banks to foster growth on Main Street and emphasizing the banks' role in economic security.
The discussion will also cover the President’s recent Executive Order aimed at protecting America’s financial system from illicit activity, enhancing customer identification requirements, and addressing credit risks associated with extending financial services to non-work authorized illegal aliens. Additionally, they will highlight Treasury’s advisory urging financial institutions to be vigilant against risks posed by the unlawful employment of illegal aliens.