Democratic lawmakers are demanding new answers from Treasury Secretary Scott Bessent and IRS CEO Frank Bisignano over President Donald Trump's settlement with the IRS and the creation of the "Anti-Weaponization Fund," warning that the deal could turn taxpayer money into a secretive compensation system for the president's political allies.
In a letter sent late Thursday, Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee, and Sen. Ron Wyden, the top Democrat on the Senate Finance Committee, asked Treasury and IRS officials to explain their role in the settlement, which created the nearly $1.8 billion fund for people who claim they were wrongly targeted by the Biden administration.
