US Treasury Secretary Scott Bessent said during a White House press briefing last week that 'it's been a great tax season' for Americans, and that employees should update their paycheck withholdings for 2026.
'I want to encourage everyone out there watching today to change their withholding if they haven't already done so,' he had said. 'If you change your withholding, then you will get an automatic real wage increase ... on a weekly or a monthly basis, and you will be able to keep more of your money this calendar year.'
