Scott Bessent · Treasury press and remarks
“The Treasury and IRS proposed regulations to strengthen enforcement of the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (PRWORA) by clarifying that the refunded portion of certain refundable individual income tax credits are federal public benefits”
Verbatim excerpt with a timestamp. The full recording is at the source; we link out and do not host it. Everything Scott Bessent is on record saying.