Sullivan & Cromwell LLP
06/09/2025 | Press release | Distributed by Public on 06/09/2025 21:18
Tax Policy Update
June 9, 2025
OBBBA and Bessent Budget Hearings
- Tax policy update for week of June 9
- Senate GOP considers next steps on OBBBA
- Treasury Secretary Bessent will testify Wednesday and Thursday at the tax writing committees on the Administration's proposed FY 26 budget
- Section 899 demonstrates determination of White House and congressional Republicans to fight OECD tax pillars and DSTs
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