Treasury Secretary Bessent Pressed Over DOJ Settlement in Heated Senate Exchange.
One question left the Treasury Secretary with nowhere to hide.Watch what happened next.
Secretary Besant, should Americans who illegally evade their taxes be investigated and prosecuted?Yes.Secretary Besant, should people and organizations facilitating money laundering for Iran, North Korea, or Hamas be prosecuted?Yes.What about laundering money for Mexican drug cartels?Yes.
Should a person who traded and profited on insider information be prosecuted?Yes.According to the law, they should.Appreciate that.Mr. Secretary, as a result of President Trump's $10 billion lawsuit, the Department of Justice, on behalf of your department, settled with President Trump by creating a $1 .776 billion slush fund to pay for his supporters and criminals.Were you either directly or through your staff asked to sign the original agreement?
Again, Senator, you were not here at the early part of the meeting.I saw you on TV.Well, congratulations, and you would know that I'm unable to answer those questions, and they should be referred to Attorney General Blanche.
Mr. Secretary, are you familiar with this giveaway from the IRS that says President Trump and anyone that knows him or does business with him or part of a business, they get off scot -free?Are you aware of this?
Again, I refer you to Attorney General Blanche.Are you Attorney General Blanche's client?IRS and Treasury are a client of the Department of Justice.So is that a nice way of saying yes?You're a client, he's your lawyer.He represents...
You're the secretary, are you the Secretary of Treasury?Yes is the answer.Department of Justice...Scott Desant, let me ask you this question sir, are you the Secretary...In my personal capacity, Tom Blanch is not my attorney.Correct sir.
As...Are you...For the U .S.Treasury...Mr. Secretary, Scott, let me ask you it this way.
Scott, are you the Secretary of Treasury for the United States government?Yes.Appreciate that.
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