Bessent Mocks Newsom's 100% Tax Threat on Trump Payouts
May 29, 2026·about 14 hours ago·via New York Post

Scott Bessent ridicules Gavin Newsom after the California governor says the state will tax payouts from Trump’s anti-weaponization fund at 100 percent. The dispute centers on a Democratic effort to claw back money headed to California residents, a move critics say punishes citizens instead of the government overreach that triggered the payouts. Bessent’s five-word jab lands because it exposes the absurdity of taxing relief just to score points against Trump. Read more about this...