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Scott Bessent: “Starting in Minneapolis, which has been ground zero [for…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Watch CNBC's full interview with Treasury Secretary Scott Bessent

Published | Video Starts at 00:56

Seems like a no brainer. I don't know, Joe, but it's very exciting. I think it's going to be a great way to ferret out waste, fraud and abuse. Starting in Minneapolis, which has been ground zero [for fraud]. So we are encouraging whistleblowers who know about fraud, people who are stealing from the American taxpayer, to come forward at treasury, we're setting up a website and we will be giving rewards up to 10 to 30% of the fines that we levy. (00:56–01:00)

CLAIM

Asserts that Minneapolis is the starting point for the new whistleblower initiative due to significant fraud issues.

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