Scott Bessent on whether Trump is immune from IRS audits: ‘I’m unable to comment on ongoing litigation’

Treasury Secretary Scott Bessent refused to say Wednesday whether President Donald Trump and his family would still get immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund that would have benefited the president’s allies. “There’s continuing litigation, and I’m unable to comment on ongoing litigation,” Bessent told lawmakers at the Senate Finance Committee hearing. It was a frustrating answer for Democratic lawmakers looking to get answers from Bessent at a hearing ostensibly focused on the Treasury Department’s budget and came a day after acting Attorney General Todd Blanche seemed to indicate that the portion of the settlement dealing with the IRS audit immunity would still be in effect for the Republican president. After several failed attempts to get Bessent to answer, Sen. Catherine Cortez Masto, D-Nev., said, “It’s been very clear you’re dodging this and you’re trying to use it as an excuse. It’s just outrageous on behalf of the American public.” The White House referred the Associated Press to Secretary Bessent’s comments in response to an inquiry about the status of the settlement. In the Oval Office on Wednesday, Trump did not confirm whether the compensation fund had been scrapped or was simply on hold. “I’d have to ask the lawyers, I don’t know,” he told reporters. “As far as I’m concerned, it was a beautiful thing,” he said. The administration decided to scrap plans for the compensation fund, which could have included payouts to participants in the Jan. 6, 2021, riot at the U.S. Capitol, after bipartisan outrage and a fierce political backlash that threatened to stall key elements of the White House agenda. Still, the status of the IRS immunity deal as part of the controversial settlement crafted to resolve Trump’s $10 billion lawsuit against the IRS remained unclear, though Blanche said Tuesday that “nothing has changed” in that regard. Last week, a federal judge in Florida overseeing Trum