Bongino Heaps Praise on Scott Bessent’s Latest Move to Eliminate Fraud [WATCH]

Dan Bongino highlighted a proposed whistleblower rewards initiative discussed by Treasury official Scott Bessent, describing it as a new approach to identifying and stopping fraud involving taxpayer funds.

The discussion focused on a program aimed at encouraging individuals to report fraud by offering financial incentives tied to penalties collected from violators.

According to Bessent, the initiative would begin in Minneapolis, which he described as a central area of concern for fraud cases.

Here’s What They’re Not Telling You About Your Retirement

Bongino introduced the clip by pointing to what he described as the administration’s approach to identifying and addressing fraud, and he credited the concept as an example of proactive policy thinking.

“Here’s what I’m talking about, how Trump is like the best weather vane out there. His instincts to take advantage of this are great. Here’s Scott Bessent on a rewards program for people out there who expose fraud, creating what an incentive for the people to police up their own tax dollars. Genius, check this out,” Bongino said.

Bessent outlined the structure of the proposed program, explaining that it would rely on whistleblowers to bring forward information about fraudulent activity involving government funds.

“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. 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,” Bessent said.

This Could Be the Most Important Video Gun Owners Watch All Year

The plan would involve creating a platform where individuals could submit information about suspected fraud.

If the information leads to enforcement action and financial penalties, participants could receive a portion of the recovered funds as a reward.

Bongino reacted strongly to the proposal, describing it as an effective strategy to address fraud that he said can be difficult to detect and prosecute through traditional means.

“Freaking genius. I’m telling you, this guy is one of the unheralded superstars of the cabinet. He’s constantly thinking of new ways this would have never, ever, I’m sorry I just did a bad thing. You know what I did, guys, I didn’t complete the thought. He hates when I do that. Okay? This guy is amazing. He sees ahead, he senses a problem, and he says, How do we fix this? How do we provide a solution for massive amounts of fraud that are very hard to police, especially if we are not going to get the cooperation of state and local officials who are likely Liberal Democrats who love this fraud and want it because it gets people suckling on the government,” Bongino said.

Bongino added that the approach could expand oversight by effectively turning citizens into participants in identifying fraud, particularly in cases where local cooperation may be limited.

“And he’s like, I got an idea, bro, let’s just put a reward system out there for a bunch of citizen journalists to go out and uncover the fraud themselves. Freaking genius. You say, Well, Dan son, the genius idea. Well, really, why has anyone else done it before? Why has anyone else done,” Bongino said.

WATCH:

Warning: Account balances and purchasing power no longer tell the same story. Know in 2 minutes if your retirement is working for you.