The conversation began on Nov. 9 after President Trump announced on Truth Social that Americans — aside from higher earners — would receive a $2,000 “dividend” drawn from tariff proceeds. The President argued that the nation’s economic strength, booming markets, and rising tariff income make the plan achievable.
A week later, on Nov. 16, Bessent appeared on Fox News’ “Sunday Morning Futures” and confirmed that the administration wants the payments to reach “working families.” But he made it clear that Congress must approve the spending before any checks, rebates, or tax credits can move forward.