Treasury Secretary Scott Bessent announced the Internal Revenue Service will launch large-scale audits targeting financial institutions — including banks, money service businesses, and financial intermediaries — that allegedly facilitated the laundering of Minnesota state funds. The audits will focus on tracing the movement of funds through the financial system. Bessent framed the move as redirecting IRS enforcement toward institutional corruption rather than working American families. The announcement comes amid ongoing investigations into alleged misuse of Minnesota taxpayer dollars and follows recent scrutiny of nonprofits and state-funded organizations tied to questionable financial flows. No specific institutions have been named yet, but the scope appears broad.
Treasury Secretary Scott Bessent announced the Internal Revenue Service will launch large-scale audits targeting financial institutions — including banks, money service businesses, and financial intermediaries — that allegedly facilitated the laundering of Minnesota state funds. The audits will focus on tracing the movement of funds through the financial system. Bessent framed the move as redirecting IRS enforcement toward institutional corruption rather than working American families. The announcement comes amid ongoing investigations into alleged misuse of Minnesota taxpayer dollars and follows recent scrutiny of nonprofits and state-funded organizations tied to questionable financial flows. No specific institutions have been named yet, but the scope appears broad.
SOURCE: https://x.com/MrJohnJnr/status/2055605427975397697
When the IRS finishes. Close them down. Sorta seems like theyre investigating themselves.
Boy, this is so much fun.
Tip of the iceberg