May 28, 2026: Treasury Secretary Bessent Dismisses Gov. Newsom's 100% Tax Proposal on Trump’s Fund
Federal Fallout Over Trump’s Anti‑Weaponization Fund
The $1.8 billion Anti‑Weaponization Fund, born from a settlement over President Trump’s $10 billion IRS lawsuit, has become a lightning rod for political titans across the aisle. Designed to compensate those who claim they were unfairly targeted by the Biden administration, the fund sits at the center of debates about taxpayer money, partisan politics, and accountability.
Bessent’s White House Address
During a White House press briefing on May 28, Treasury Secretary Scott Bessent faced a barrage of questions about the fund. The most heated came from reporters questioning California Governor Gavin Newsom’s plan to tax 100 percent of any funds disbursed from the program to residents of the Golden State.
“There’s no cure for stupid,” Bessent snapped when asked to comment on Newsom’s proposal. The terse remark ended his answer and underscored the deeply polarized atmosphere surrounding the fund.
Newsom’s Tax Stance
Gov. Newsom, a Democrat, announced on May 27 that California would impose a full state tax on any citizen receiving money from the Anti‑Weaponization Fund. The move was framed as a stance against what he and his allies view as a “slush fund” engineered to benefit Trump supporters and alleged Jan. 6 participants.
Political Reactions and Legal Backlash
Both Republicans and Democrats have decried the fund. GOP Rep. Brian Fitzpatrick called it a “racket” that tacks taxpayer dollars onto the political agenda of a former president. Democratic leaders have labeled it “pure fraud and highway robbery.” Legal setbacks have also hit the initiative, including a temporary federal court block that halted the fund’s operation.
Implications for State‑Federal Dynamics
Newsom’s 100 percent tax proposal brings to light the growing tension between state autonomy and federal financial decisions. Bessent’s brash dismissal reflects the administration’s defense of its budgetary autonomy, while Newsom’s stance underscores a push for state oversight on how federal funds are used and taxed.
Conclusion
The clash between Treasury Secretary Bessent and Governor Newsom highlights a broader national debate: who controls resistant or controversial federal funding mechanisms and how states are empowered—or restricted—to impose taxes on such funds. As legal challenges mount and bipartisan critics amplify their concerns, the future of the Anti‑Weaponization Fund remains uncertain.