Democrats grill Bessent over allegations of grifting in Trump administration

Published February 4, 2026 2:09pm ET



Democrats in the House pushed Treasury Secretary Scott Bessent over accusations of corruption and grifting by the Trump administration during a contentious Wednesday hearing on Capitol Hill.

Bessent appeared before the House Financial Services Committee, where he presented the Financial Stability Oversight Council’s 2025 Annual Report. Some Democrats used the opportunity to rail against the Trump administration and assert that it is corrupt.

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