NextNews onboarding

Signing you in

Please stay with us while we finish authentication and prepare your Nextspace.

Trump Treasury Secretary Flails When Grilled About Slush Fund
Open Journal
The New Republic logo
The New Republic
MAY 28, 2026, 12:00 AM
8 min read
Trump Treasury Secretary Flails When Grilled About Slush Fund

Surprise, surprise: Bessent’s response did not mention the fund at all.

“This is going to be the only question I take on this matter today. So, there’s ongoing litigation, so it’d be inappropriate for me to comment,” Bessent said. “President Trump is a great American who has endured more than 10 years—10 years—of nonstop harassment and weaponization from federal and state government actors. A bad actor at the IRS leaked more than 400,000 tax returns, including the Trump family, all the employees, and that’s how we got here now.

“No American should be targeted for political reasons, and every citizen deserves fair treatment and the full protection of the law. The Department of Justice represented the Treasury and the IRS in this matter, and I’m going to have to refer any questions to active Attorney General Todd Blanche.”

Q: There's a lot of people talking about the 'weaponization fund.' What is the process for those funds now?BESSENT: Thank you for the question. This will be the only question I will take on this matter. President Trump is a great American who has endured more than 10 years of… pic.twitter.com/j6qZZfaDxY

“I will not be taking any other questions, I will not be taking any other questions,” he repeated. Maybe he should add that to his list of pathetic affirmations?

Q: Mr. Secretary, about the $1.8B slush fund. Is it accurate that the general counsel of the Treasury Department resigned over that?Trump's Treasury Secretary: I will not be taking any other questions. pic.twitter.com/2sz5PDD5U0

It appears that Bessent is intent on allowing Trump to pillage the Treasury and award his worst allies with taxpayer dollars—without owing taxpayers any answers. This lack of transparency is par for the course, but Trump’s $1.8 billion slush fund is a criminal enterprise so egregious that it manages to stand out in a presidency that was already blatantly corrupt.

Philip Alito has been working in the department’s office of the general counsel since early last year, NOTUS reports, raising questions of conflicts of interest as the court hears cases concerning the Treasury, including President Trump’s deal to avoid tax audits of himself and his family, as well as his $1.776 billion “Anti-Weaponization Fund.”

Alito’s office provides legal and policy advice to Treasury Secretary Scott Bessent, and his employment seems to have been deliberately kept secret. Alito doesn’t have a public résumé or a LinkedIn account, and he isn’t mentioned anywhere on the Treasury Department’s website. His three professional bar listings have incorrect information regarding his previous employers and appear to be out of date, according to NOTUS.

An unnamed former official said that when Alito was hired in early 2025, he didn’t have an exact role and seemed to have been hired because the Trump administration wanted loyal employees across the federal government.

Another former official told the publication that Alito became an attorney-adviser, briefed on important department matters and able to offer legal advice.

“There’s no doubt he got that position because of who he is,” this official said. “[Advisers] are in all the meetings, so they knew all the issues across the board.”

Alito was on the job when other important cases concerning his department, such as challenges to Trump’s emergency tariffs, went before the high court, and his father never recused himself. With Trump’s anti-weaponization fund and his IRS settlement blocking audits of his taxes facing legal challenges, that is almost certain to happen again.

A spokesperson told NOTUS that “Philip Alito is currently detailed from the U.S. Attorney’s Office for the Eastern District of Virginia as a Counselor in the Office of the General Counsel, and his portfolio covers a broad range of topics. As a matter of both professional and personal judgment, Phil does not counsel on any matters reasonably expected before the Supreme Court. Like all attorneys in the Office of the General Counsel, Phil is in compliance with all applicable ethical obligations.”

However, the department didn’t answer NOTUS’s questions on when Alito started at the agency, what his specific duties were, or whether he filed an ethics disclosure form. It seems that in the Trump administration, questions of ethics are easily ignored.

Kirk—a longtime right-wing activist who played a critical role in translating the MAGA agenda to America’s college-age youth—was assassinated in September. His death proved as polarizing as his life’s work: Millions of people reacted, some with shock and rage, and some with apparent glee.

The consequences were hailed by the Trump administration. In an honorary postmortem episode of Kirk’s podcast hosted by Vice President JD Vance, the number two Republican encouraged listeners to call the employers of anyone “celebrating Charlie’s murder.” Former Attorney General Pam Bondi likened the anti-Kirk posts to hate speech, and said at the time that the Justice Department would “absolutely target you, go after you, if you are targeting anyone with hate speech.”

Legal experts fretted that the governmental response had set a dangerous precedent. Yet the settlements have proven to be a major win for freedom of speech.

One of the largest settlement recipients was a retired Tennessee cop, Larry Bushart, who was jailed for more than a month after he posted a meme related to Kirk’s assassination. Bushart settled an “unlawful incarceration” lawsuit for $835,000 last week.

“I am pleased my First Amendment rights have been vindicated,” Bushart said in a statement last week. “The people’s freedom to participate in civil discourse is crucial to a healthy democracy.”

Biologist Brittney Brown settled last week with the Florida Fish and Wildlife Conservation Commission for $485,000 after she was fired for similar causes, also involving a Kirk-related meme on her Instagram account. In a statement, Brown claimed that all she wanted was her job back.

Suzanne Swierc made a comment about Kirk on her private Facebook page. But a screenshot of her post, taken and shared by someone else, ultimately cost Swierc her job at Ball State University. The American Civil Liberties Union sued the college on Swierc’s behalf. They settled on Tuesday, with Ball State University agreeing to pay $225,000.

“Suzanne was speaking as a private citizen on a matter of public concern when Ball State fired her over a private social media post,” Stevie Pactor, senior staff attorney at the ACLU of Indiana, said in a statement. “The First Amendment does not allow government institutions to retaliate in those circumstances, and this settlement reflects that.”

Weiss announced Bilton as executive producer of the longtime evening segment on Thursday, replacing former executive producer Tanya Simon. While Bilton has produced documentaries, he has zero broadcast news experience.

“I’m here to lead this show, not preserve it under glass. That means honoring what works and being honest about what doesn’t. I have a notebook full of ideas. Some are about the show itself. Some are about the next generation of correspondents,” Bilton wrote in his introductory letter to staff. “Some are about the strange fact that we produce one extraordinary hour for one night a week in a world that consumes content around the clock. I’m excited to share them.”

Also on Thursday, CBS officially fired Sharyn Alfonsi, who warned a day earlier that the move was due to her protesting Weiss’s pulling of her story on El Salvador’s CECOT megaprison. The network additionally cut ties with 60 Minutes executive editor Draggan Mihailovich and correspondent Cecilia Vega.

“It sends a chilling message to the entire newsroom,” Alfonsi told The New York Times on Wednesday of her own contract being terminated. “I think it was a deliberate choice to penalize a journalist for refusing to sanitize accurate reporting.”

CBS reports that Trump made time to meet service members while he was at the medical center for his six-month physical, but did not meet any of the ones who were recovering from the recent war, and the White House refused to discuss the matter.

“President Trump was honored to meet with our amazing service members and medical staff while at Walter Reed Medical Center,” a White House spokesperson said.

In a speech at Arlington National Cemetery on Memorial Day, Trump mentioned the 13 soldiers who have died during the Iran war, calling them “wonderful souls” who “gave their lives” to ensure that Iran would not get a nuclear weapon. On Wednesday, he again said those 13 were “great people” and that losing them “is a terrible thing.”

“We want to lose very few, we want very few to be injured. We’re very careful, but war is war. War is dangerous,” Trump said.

When it comes to living, wounded soldiers, Trump doesn’t have a good track record. While trying to plan a big military parade in his first term, Trump said to his chief of staff, retired Marine Corps Gen. John Kelly, “Look, I don’t want any wounded guys in the parade. This doesn’t look good for me.”

In 2019, at a welcome ceremony for Gen. Mark Milley being named chairman of the Joint Chiefs of Staff, Trump was upset that an Army captain severely wounded in action in Afghanistan, Luis Avila, was brought to sing “God Bless America.” After Avila sang, Trump congratulated him, but afterward he told Milley, “Why do you bring people like that here? No one wants to see that, the wounded.”

The New Republic

Original Source

This content was distilled for a focused reading experience. All rights belong to The New Republic.

Read original publication
Trump Treasury Secretary Flails When Grilled About Slush Fund | Antigravity News