Bessent on Report He Threatened FHFA Director: Treasury Secretaries ‘have a History of Dueling’

Earlier this year, Trump ally Steve Bannon told The Washington Post Bessent called Musk “a total fraud” in a heated confrontation about the Department of Government Efficiency’s efforts to cut government spending. According to Bannon, Musk rammed his shoulder into the Treasury chief’s rib cage and Bessent hit him back.