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"Bessent was chief investment officer for Soros Fund MGMT", News

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The two hats of Mr.Bessent once admired by many in some circles as helping procure financial assets management for the Soros Fund , now working as Secretary of the Treasury with the power to review & make inquiries into the funding networks, asset movements, and compliance mechanisms of these non profits.

Trump admin set to target George Soros nonprofit, Southern Poverty Law Center and CAIR in major tax crackdown:

"Bessent is eyeing Soros charity despite famously spearheading global currency bets for the Hungarian born billionaire—including a wildly lucrative wager against the British pound.

When Bessent stepped down as chief investment officer for Soros Fund Management in 2015, Soros staked his new firm with a cool $2 billion".

https://nypost.com/2026/08/27/business/trump-admin-set-to-target-george-soros-nonprofit-in-tax-crackdown/

The story is based on a NYP News report.

4 minutes ago, riclag said:

The two hats of Mr.Bessent once admired by many in some circles as helping procure financial assets management for the Soros Fund

You mean Bessent is actually a lefty?

That explains why he is undermining the treasury by buying up long term bonds and replacing them with short term bonds.

  • Author

Whether it's auditing tax exempt non profit sources domestically or pressuring secondary foreign banks at the G20, Bessent mission , tracking the money flow through intermediaries and using financial compliance as the primary tool of enforcement.

"The latest message from Washington is that countries stuck in the middle must choose a side, Iran or the US. To continue to do business with Iran risks being cut off from the US dollar-based system, Mr Bessent said on Monday when unveiling "Operation Economic Outcast".

https://www.thenationalnews.com/business/economy/2026/08/30/g20-iran/

  • Author

All aboard the Iran financial Train wreck, according to Bessent he's going to sanction banks & many at the G2 show support.

"U.S. Treasury Secretary Scott Bessent said the United States is likely to announce bank sanctions this week as part of its economic campaign against Iran".

  • Author

The long hand of the USA, the DOJ just delivered another hit on the terror financing side, seizing over $560k in crypto that was headed to Hamas along with their fundraising websites and servers.

'A massive blow': Pirro says DOJ seizes $560K in cryptocurrency allegedly bound for Hamas

U.S. federal investigators seized more than $560,000 in cryptocurrency, as well as took control of websites and servers Hamas allegedly used to collect donations and recruit supporters online, according to the Department of Justice (DOJ).

https://katv.com/news/nation-world/doj-seizes-560k-in-cryptocurrency-allegedly-bound-for-hamas-pirro-department-of-justice-designated-foreign-terrorist-organization-terrorism-donations-financing-recruit-supporters-online-cyberspace-president-donald-trump

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