Treasury Secretary Scott Bessent did not confirm whether President Donald Trump and his family would retain immunity from IRS audits following the administration's decision to abandon a proposed $1.776 billion compensation fund that was intended to benefit Trump's allies. Bessent made these remarks during a session on Capitol Hill.
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Treasury Secretary Bessent addresses Trump's IRS deal and compensation fund
Treasury Secretary Scott Bessent declined to confirm the status of immunity from IRS audits for President Donald Trump and his family after the administration scrapped plans for a $1.776 billion compensation fund. This fund was designed to assist Trump's allies.
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Original Headline
WATCH LIVE: Bessent returns to the Hill after being questioned on Trump's IRS deal, Pulte pick
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Treasury Secretary Bessent addresses Trump's IRS deal and compensation fund