Treasury Secretary Scott Bessent dismissed California Gov. Gavin Newsom's proposal to tax payouts from Trump's reparations fund as 'stupid.'

The proposed settlement would create a fund for Jan. 6 defendants and others who claim the Biden Administration weaponized the legal system against them.

Treasury Secretary Scott Bessent dismissed Gavin Newsom’s proposed 100% California tax on Trump Anti-Weaponization Fund payments.

Top Democrats are demanding answers from Treasury Secretary Scott Bessent and IRS CEO Frank Bisignano on the settlement between President Donald Trump and the IRS that created a nearly $1.8 billion "Anti-Weaponization Fund" to compensate those who allege they were wrongly targeted under the Biden administration.

The fund is intended to pay people who claim to be victims of government “weaponization,” including those who took part in the Jan. 6, 2021 insurrection when an armed mob of Trump supporters stormed the U.

Democrats in blue states are coordinating their response to the $1.8 billion Justice Department fund, but could face legislative and legal roadblocks.

Julie Roginsky (a Dem) and Mike DuHaime (GOP) discuss how Trump's self-protective maneuvers and controversial compensation schemes are testing the limits of presidential power and Republican loyalty.

Trump Accounts, which launch this summer, will offer another tax-deferred savings option for families. But experts say 529 plans offer greater tax advantage.