Republicans representing New York, California and New Jersey are insisting that any tax bills include a higher cap.
In recent years, Republicans have needed to rely on Democratic votes for even the most basic legislative must-dos.
Republicans' chances of passing a sweeping tax bill in 2025 face doubt amid party infighting.
Kevin Hassett previously served as a senior advisor to Trump and vigorously defended his tax policies.
Donald Trump told advisors he's yet to be completely sold on the candidates he's interviewed.
The former Fed governor is the latest candidate to enter the mix for the Treasury job.
Hedge fund manager Scott Bessent has earned the support of many leaders in Trump's coalition.
Money managers John Paulson and Scott Bessent are both being floated as candidates.
“It's been coming for 11 months, well guess what? I don't think it is going to come,” he added.
The debt fight has been pushed back until 2023, when Republicans will take over the House.