Bessent asks Congress to drop 'retaliatory' tax as Republicans struggle to rewrite bill

By Bo Erickson, David Morgan and Andy Sullivan WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Thursday asked Republicans in Congress to remove a "retaliatory tax" proposal that targets foreign investors from their sweeping budget legislation, as lawmakers struggled to find a path forward on the bill. The retaliatory tax proposal has stirred alarm on Wall Street, as fund managers,