When Senate Finance Committee Democrats question treasury secretary nominee Scott Bessent this morning, they’ll be armed with tax data they claim shows the hedge-fund billionaire may have dodged paying as much as he should.
Democrats identified several areas where they believe Bessent took an expansive view of the law or made questionable accounting decisions to lessen his tax load, according to an internal memo obtained by Punchbowl News.
Spokespersons for Bessent and Senate Finance Committee Chair Mike Crapo (R-Idaho) pushed back on the characterization of the treasury nom’s taxes. The transition team said there’s no evidence of wrongdoing, and that Bessent paid his taxes.
