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Bessent trashes Newsom plan to tax payments from Trump fund

todayMay 28, 2026 8

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Treasury Secretary Scott Bessent dismissed California Gov. Gavin Newsom’s proposal to tax payouts from Trump’s reparations fund as ‘stupid.’

 Treasury Secretary Scott Bessent dismissed California Gov. Gavin Newsom’s proposal to tax payouts from Trump’s reparations fund as ‘stupid.’ USA TODAY – Breaking News and Latest News Today Read More 

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