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Treasury Secretary Scott Bessent refuses to say whether Trump remains exempt from IRS audits

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Treasury Secretary Scott Bessent refuses to say whether Trump remains exempt from IRS audits
News

News

Treasury Secretary Scott Bessent refuses to say whether Trump remains exempt from IRS audits

2026-06-04 04:41 Last Updated At:04:50

WASHINGTON (AP) — 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 republic.”

A White House representative did not respond to an Associated Press 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 Trump’s lawsuit against the IRS, who had initially dismissed the case, reopened the case and ordered the president’s attorneys to respond to allegations that Trump abandoned his claims to avoid the court’s scrutiny of the deal.

When she initially dismissed the case, Kathleen Williams, the judge handling the lawsuit, admonished the Justice Department for a lack of transparency and said no agency “submitted any settlement documents nor filed any documents ensuring that the settlement was appropriate where there was an outstanding question as to whether an actual case or controversy existed.”

Matt Platkin, a former New Jersey attorney general now at the law firm Platkin LLP, which is representing lawmakers and judges challenging the settlement agreement, called it “one of the greatest scams in American history.”

He told The Associated Press that Blanche’s testimony on Tuesday over plans to scrap the weaponization fund and grant Trump audit immunity “underscores the need for the court to continue its inquiry in Florida.”

Lawmakers on Wednesday tried to grill Bessent on the agreement without success.

“Secretary Bessent owes the committee an explanation of what the Treasury knows about the dirty settlement. That’s because his department was involved from beginning to end,” said Sen. Ron Wyden, D-Ore.

Wyden asked Bessent: “Does the IRS audit immunity given to Trump, his family, and his businesses still stand?”

Bessent declined to answer, citing the unresolved legal dispute.

If audits and examinations into the president's taxes were thrown out under the settlement, an untold figure could be wiped from his bill to the federal tax collector.

Previous reporting from the New York Times and ProPublica shows that a long-standing audit of a technique Trump reportedly used to avoid paying taxes years ago could have resulted in an estimated $100 million bill if the IRS had found wrongdoing.

Even some Republicans expressed concern on Wednesday over the plan to shield Trump from the IRS.

Sen. Bill Cassidy, R-La., speaking to reporters outside the chambers, said, “I don’t think any American should have a deal like that.”

Nina Olson, founder of the Center for Taxpayer Rights, which has sued the Trump administration over IRS disclosures to immigration enforcement, called the settlement “the lowest point for the IRS since the 1970s and President Nixon’s efforts to help his friends by trying to stop IRS audits of them and hurting his enemies by urging IRS audits on them.”

Treasury Secretary Scott Bessent testifies before the Senate Committee on Finance, Wednesday, June 3, 2026 in Washington. (AP Photo/Allison Robbert)

Treasury Secretary Scott Bessent testifies before the Senate Committee on Finance, Wednesday, June 3, 2026 in Washington. (AP Photo/Allison Robbert)

PARIS (AP) — After letting another big lead slip with an error-strewn performance at the French Open, top-ranked Aryna Sabalenka felt like getting as far away from the courts as possible.

“Just want to quit tennis right now,” Sabalenka said after wasting a lead of a set and two breaks in a 3-6, 7-5, 6-0 loss to Diana Shnaider in the quarterfinals on Wednesday. “We’ll see in few days. Hopefully I’ll get back on track mentally.”

Sabalenka's wait for a first French Open title continues despite the four-time major winner leading 4-1 in the second set and being two points from victory while serving for the match at 5-4. What followed was a complete collapse as she lost 12 of the last 13 games against a player appearing in her first Grand Slam quarterfinal, looking increasingly frustrated and forlorn in the windy conditions.

Just like her loss to Coco Gauff in last year's final, when she also won the first set before becoming undone with a slew of unforced errors, this one will take some time to get over.

“You know those rooms where you just go in and you smash everything,” Sabalenka said. “Probably I will spend a whole day tomorrow over there destroying stuff. Maybe it will help, maybe not.”

Shnaider next faces Maja Chwalinska, who extended her remarkable Roland Garros run by beating No. 22-seeded Anna Kalinskaya 7-6 (3), 6-3.

In the men’s quarterfinals, 10th-seeded Flavio Cobolli beat No. 4 Felix Auger-Aliassime 4-6, 6-4, 6-4, 6-4 and will face fellow Italian Matteo Arnaldi for a spot in the final.

Arnaldi advanced when Matteo Berrettini, yet another Italian, retired due to an apparent physical issue with Arnaldi leading 7-5, 5-2.

Berrettini appeared to have his left groin area treated during a medical timeout earlier in the second set.

The strong Italian showing comes despite top-ranked Jannik Sinner getting stunned in the second round.

Second-seeded Alexander Zverev and No. 26 Jakub Mensik will meet in the other semifinal.

Sabalenka stood still and screamed loudly after losing a point to fall 0-30 down in the sixth game of the decider and, although she saved two match points at 0-40 down, she lost when she sent a shot into the net.

“I just think it’s combination of everything,” Sabalenka lamented. “You overthink, then you make easy mistakes, then you miss opportunities.”

Her struggles were reminiscent of the match against Gauff, when she remonstrated loudly, shouting to herself and glaring at her team box.

“I just have to sit back and openly think about what’s going on in my head in those tough moments,” Sabalenka said, recalling that match. “Because I’m quite an experienced player. I have been through so many things, and I overcome so many things.”

Sabalenka had already looked agitated when serving for the first set but still looked in control as she served for the match in the second, holding a 30-15 lead.

“Of course I saw some moments of her frustration,” Shnaider said. “I know Aryna, that she’s a very emotional person."

Shnaider, who was already on her best run at a major, broke Sabelenka before taking complete control.

“Well, honestly I am speechless. Super happy,” Shnaider said. “I feel like I was trying to focus point by point. Not thinking about the score. She is the world No. 1, so I just trying to do my best. I just had to fight for every point.”

Sabalenka looked increasingly frustrated as the third set wore on, and when she missed a volley at the net in the fourth game of the decider she crouched and rested her head on her racket.

It was another big upset in a tournament where defending champion Gauff (third round) and four-time winner Iga Swiatek (fourth round) already tumbled out.

Sinner, last year's runner-up, served for the match in a second-round defeat, and 24-time major winner Novak Djokovic wasted a two-set lead in a third-round loss.

That opened things up for lesser-known players. According to Opta, this is the first major without a former champion in either the men’s and women’s semifinals since the French Open in 1977.

The unseeded Chwalinska came through three qualifying rounds to become only the second Polish woman to reach the semifinals at Roland Garros, along with Swiatek.

Chwalinska said British player Emma Raducanu’s run to the 2021 U.S. Open title as an 18-year-old qualifier had inspired her.

“It was such an impressive run, you know,” Chwalinska recalled. “Also, she was so young.”

When Kalinskaya’s big forehand from the back of the court went out, the 24-year-old Chwalinska had her biggest win, having never been beyond the second round at any major before this tournament.

Chwalinska’s total prize money heading into Roland Garros was $864,030 and reaching the last four here earns her 750,000 euros (about $872,000).

The roof was open on Court Philippe-Chatrier and there was a lot of wind.

“I don’t know why would they keep the roof open when it was crazy windy,” Sabalenka said. “It was very dirty tennis. I don’t know how people could actually just sit there and watch me play.”

Kalinskaya also struggled.

AP tennis: https://apnews.com/hub/tennis

Italy's Flavio Cobolli reacts after winning the quarterfinal tennis match against Canada's Felix Auger-Aliassime at the French Open in Paris, Wednesday, June 3, 2026. (AP Photo/Aurelien Morissard)

Italy's Flavio Cobolli reacts after winning the quarterfinal tennis match against Canada's Felix Auger-Aliassime at the French Open in Paris, Wednesday, June 3, 2026. (AP Photo/Aurelien Morissard)

Aryna Sabalenka of Belarus hugs Russia's Diana Shnaider after the quarterfinal tennis match at the French Open in Paris, Wednesday, June 3, 2026. (AP Photo/Emma Da Silva)

Aryna Sabalenka of Belarus hugs Russia's Diana Shnaider after the quarterfinal tennis match at the French Open in Paris, Wednesday, June 3, 2026. (AP Photo/Emma Da Silva)

Russia's Diana Shnaider reacts after winning the quarterfinal tennis match against Aryna Sabalenka of Belarus at the French Open in Paris, Wednesday, June 3, 2026. (AP Photo/Emma Da Silva)

Russia's Diana Shnaider reacts after winning the quarterfinal tennis match against Aryna Sabalenka of Belarus at the French Open in Paris, Wednesday, June 3, 2026. (AP Photo/Emma Da Silva)

Aryna Sabalenka of Belarus reacts after losing the quarterfinal tennis match against Russia's Diana Shnaider at the French Open in Paris, Wednesday, June 3, 2026. (AP Photo/Emma Da Silva)

Aryna Sabalenka of Belarus reacts after losing the quarterfinal tennis match against Russia's Diana Shnaider at the French Open in Paris, Wednesday, June 3, 2026. (AP Photo/Emma Da Silva)

Russia's Anna Kalinskaya walks off the court after the quarterfinal tennis match against Poland's Maja Chwalinska at the French Open in Paris, Wednesday, June 3, 2026. (AP Photo/Aurelien Morissard)

Russia's Anna Kalinskaya walks off the court after the quarterfinal tennis match against Poland's Maja Chwalinska at the French Open in Paris, Wednesday, June 3, 2026. (AP Photo/Aurelien Morissard)

Poland's Maja Chwalinska reacts after winning the quarterfinal tennis match against Russia's Anna Kalinskaya at the French Open in Paris, Wednesday, June 3, 2026. (AP Photo/Aurelien Morissard)

Poland's Maja Chwalinska reacts after winning the quarterfinal tennis match against Russia's Anna Kalinskaya at the French Open in Paris, Wednesday, June 3, 2026. (AP Photo/Aurelien Morissard)

Poland's Maja Chwalinska reacts after winning the quarterfinal tennis match against Russia's Anna Kalinskaya at the French Open in Paris, Wednesday, June 3, 2026. (AP Photo/Emma Da Silva)

Poland's Maja Chwalinska reacts after winning the quarterfinal tennis match against Russia's Anna Kalinskaya at the French Open in Paris, Wednesday, June 3, 2026. (AP Photo/Emma Da Silva)

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