News / investing

Secretary Bessent Announces Initiatives to Combat Rampant Fraud in Minnesota

Actions Increase Transparency, Seek Accountability for Taxpayer DollarsWASHINGTON— In Minnesota, Secretary of the Treasury Scott Bessent announced several initiatives to combat rampant…

Archive · 2026-01-09

Historical source material. Figures, regulations and case status may have changed since the original publication. This page preserves a source excerpt for research.

Read original source

Actions Increase Transparency, Seek Accountability for Taxpayer DollarsWASHINGTON— In Minnesota, Secretary of the Treasury Scott Bessent announced several initiatives to combat rampant government benefits fraud in Minnesota, which has wasted billions of taxpayer dollars. These initiatives are designed to strengthen and safeguard the financial system and protect Minnesota taxpayers.“President Trump has instructed the administration to bring accountability for the hardworking people of Minnesota,” said Secretary of the Treasury Scott Bessent. “Under Democratic Governor Tim Walz, welfare fraud has spiraled out of control. Billions of dollars intended for feeding hungry children, housing disabled seniors, and providing services for children in need were diverted to benefit Somali fraud rings.” While in the Twin Cities, Secretary Bessent also met with financial institutions, fraud victims, state leaders, and community members.

Research sources & methodology

Original sources and publication references.

Community

Tell us what you are researching. We will review your request.