Trump admin live updates: Trump says Hamas will release hostage Edan Alexander

Treasury Secretary Bessent was back on the hot seat on Capitol Hill to testify before the House Financial Services Committee to discuss the state of the international financial system.

While Republican House members focused on the topic, Democratic Rep. Maxine Waters, the ranking member of the committee, criticized the Bessent over his tariff policies and work with the Department of Government Efficiency.

The California congresswoman accused Bessent of "gaslighting" Americans over Trump's policies.

"Secretary Bessent, you are about to go down in history as the man who oversaw one of the most significant economic downfalls in modern history," Waters said in her opening statement.

Waters continued to press Bessent about DOGE during her questioning and inquired if DOGE employees were given access to sensitive Department of Treasury data.

Bessent said that the employees were Department of Treasury employees and only given read-only access.

"There is no such thing as a DOGE employee; they were Treasury employees," he said.

At the Munich Leaders Meeting Wednesday morning in Washington, Vice President JD Vance discussed the Russia-Ukraine war and said that Russia is asking for "a certain set of concessions" that the U.S. believes is too much.

"I wouldn't say that the Russians are uninterested in bringing this thing to a resolution. What I would say is right now, the Russians are asking for a certain set of requirements, a certain set of concessions in order to end the conflict. We think they're asking for too much. OK," Vance said.

Vance said that the next step the Trump administration wants to see from the Ukraine and Russia negotiations is for the two countries to agree to a set of guidelines for sitting down and speaking to one another.

"And in particular, the step that we would like to make right now is we would like both the Russians and the Ukrainians to actually agree on some basic guidelines for sitting down and talking to one another," Vance said. "Obviously, the United States is happy to participate in those conversations, but it's very important for the Russians and the Ukrainians to start talking to one another. We think that is the next big step that we would like to take."

-ABC News' Hannah Demissie

Bondi said that she is going to "be talking" to Ed Martin, Trump's pick for U.S. attorney for Washington, D.C.

Martin has come under fire for repeatedly defending Jan. 6 rioters. He recently lost the support of Republican Sen. Thom Tillis. The White House has stood by Martin.

"I heard about that late yesterday, too. As you saw, I was tied up all day yesterday over here at the White House. I'll be talking to Ed today to find out what's going on with that, as well," Bondi told ABC News' Rachel Scott Wednesday when asked about the latest developments.

-ABC News' Michelle Stoddart

The Trump administration is considering deporting migrants to Libya as soon as this week, according to reports citing U.S. officials familiar with the plans who cautioned that plans could always change. Such a move would be a major escalation in President Trump's mass deportation efforts.

The Pentagon is referring inquiries on this to the White House. The White House did not immediately comment.

The New York Times reported on Tuesday that the administration is planning to use a military plane to transport a group of immigrants to Libya, and that the operation could happen as early as Wednesday.

-ABC News' Katherine Faulders and Luke Barr