Treasury Sec. Scott Bessent Says Fraud Investigations Are Coming to All 50 States

Treasury Secretary Scott Bessent says the federal government is beginning fraud investigations across all 50 states, promising a methodical approach focused on conclusive evidence, not quick headlines. Speaking about early disagreements with Elon Musk over tactics, Bessent said both were aligned on fighting waste, fraud, and abuse, but emphasized that Treasury will “move deliberately and fix things.” He warned that once suspects are caught, investigators will pursue plea deals to expose higher-level wrongdoing and expand cases nationwide.