Treasury Secretary Scott Bessent refuses to say whether Trump remains exempt from IRS audits Treasury Secretary Scott Bessent did not confirm if President Donald Trump and his family will retain immunity from IRS audits. This question arises after the administration decided against a $1.776 billion compensation fund. The abandoned fund was intended to benefit some of the president’s allies.

• Treasury Secretary Scott Bessent declined to comment on IRS audit immunity for Trump and his family.
• The administration has dropped plans for a $1.776 billion compensation fund.
• The compensation fund was expected to benefit allies of the president.