Bessent's New Fraud-Stopping System Finds $100M Biden's Bureaucracy Was Ready to Send to the Dead
By Nick Arama | 1:39 PM on July 21, 2026
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Treasury Secretary Scott Bessent has certainly been on a tear.
We reported earlier how his team had tracked down an Iranian Revolutionary Guard Corps (IRGC)-linked crypto wallet and frozen $140 million. Bessent also found the money man for the Ayatollah Mojtaba Khamenei, and had other fun prepared for the Ayatollah.
READ MORE: Bessent Drops the Financial Hammer on Iran, With a Personal Message to the Ayatollah
But he wasn't just seizing Iran's money; he was cleaning up a lot of the mess left by the Biden administration.
Bessent explained their effort to make sure that money was going out to the proper people, and how they've, through their new process. That stopped the payouts to dead people of about $100 million. "It's common sense," he told Fox's Maria Bartiromo.
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READ MORE: https://redstate.com/nick-arama/2026/07/21/bessent-remarks-on-curing-fraud-and-bad-payouts-n2204572
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