Jan 15, 2025 · Democratic committee staff claimed Bessent avoided paying more than $900,000 in Medicare taxes on income earned through Key Square Group over the three-year period.

Jan 27, 2025 · Scott Bessent, President-elect Donald Trump’s choice to be Secretary of the Treasury, poses for a photo with Cabinet picks, other nominees and appointments, at the National Gallery of Art in Washington, Saturday, Jan. 18, 2025. ... Democrats say Bessent has engaged in tax avoidance by failing to pay nearly $1 million in Medicare taxes related ...

Jan 28, 2025 · Democrats say Bessent has engaged in tax avoidance by failing to pay nearly $1 million in Medicare taxes related to his limited partnership in his hedge fund. ... Scott Bessent testifies at Senate ...

Jan 28, 2025 · Senate Confirms Scott Bessent as Trump’s Treasury Secretary ... Democrats say Bessent has engaged in tax avoidance by failing to pay nearly $1 million in Medicare taxes related to his limited ...

5 days ago · The Honorable Scott Bessent Secretary Department of the Treasury 1500 Pennsylvania Avenue, N.W. Washington, D.C. 20220 Dear Secretary Bessent: I write regarding disturbing reports that officials associated with Elon Musk and the so- ... including Social Security, Medicare and tax refunds.1 A confrontation over access apparently resulted in the ...

Jan 27, 2025 · Democrats say Bessent has engaged in tax avoidance by failing to pay nearly $1 million in Medicare taxes related to his limited partnership in his hedge fund. Bessent, meanwhile, takes issue with his tax liability to the IRS and is in litigation over the tax bill.

Jan 15, 2025 · Democrats: Treasury nominee Scott Bessent avoided Medicare tax on hedge fund earnings. WASHINGTON — Senate Democrats are gearing up for a fight against Scott Bessent, President-elect...

Jan 20, 2025 · A trio of top Senate Democrats is pressing Scott Bessent, President Donald Trump’s nominee for Treasury secretary, to submit to an IRS audit and release his tax filings ahead of the Finance...

Jan 16, 2025 · But like a number of Wall Street fund managers, Mr. Bessent makes use of a tricky legal maneuver to opt out of paying into Medicare. It’s a tax loophole that hurts Medicare but benefits him...

3 days ago · In a letter, she asked Treasury Secretary Scott Bessent to explain what systems were made accessible to Elon Musk’s team. ... tax refunds and Medicare benefits,” wrote Ms. Warren, the top ...