Story perspectives

Bessent Refuses Acting Title, $1.8 B Fund Cut, Immunity Stays

6/4/2026

Summary

Story summary

Treasury Secretary Scott Bessent testified before Senate Finance Committee on June 3, 2026, saying he performs IRS commissioner duties though his term expired and refuses the acting title.
Acting Attorney General Todd Blanche said the $1.8 billion anti-weaponization fund was cancelled while the audit-immunity clause stays in effect.
Senator Catherine Cortez Masto asked whether the settlement grants audit immunity to 400,000 leaked-data taxpayers, and Treasury Secretary Scott Bessent said Department representation bars detail.

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Story summary

Treasury Secretary Scott Bessent testified before Senate Finance Committee on June 3, 2026, saying he performs IRS commissioner duties though his term expired and refuses the acting title.
Acting Attorney General Todd Blanche said the $1.8 billion anti-weaponization fund was cancelled while the audit-immunity clause stays in effect.
Senator Catherine Cortez Masto asked whether the settlement grants audit immunity to 400,000 leaked-data taxpayers, and Treasury Secretary Scott Bessent said Department representation bars detail.