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Scott Bessent: “Treasury's Financial Crimes Enforcement Network will give…”

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 01:00

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. … Treasury's Financial Crimes Enforcement Network will give rewards up to 10 to 30% of the fines that we levy. … go into some of the things that you're talking about? What type of tips are you looking for surrounding what type of fraud and abuse? (01:00–01:19)

CLAIM

Asserts that whistleblowers can receive 10-30% of fines levied by the Treasury's Financial Crimes Enforcement Network.

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