Home World USA Latin America Europe Asia Africa TV Shows Showbiz Travel Lifestyle Opinion Science Politics Health Sports Tech Entertainment Business
Politics May 29, 2026

UMVA Exclusive: Bessent Shreds Newsom’s 100% Tax Fight in Just Five Words!

UMVA Exclusive: Bessent Shreds Newsom’s 100% Tax Fight in Just Five Words!

UMVA has learned that Treasury Secretary Scott Bessent unleashed a verbal blast that left California Governor Gavin Newsom stunned during a Thursday press briefing.

Bessent faced a question about Newsom’s claim that the state would tax 100% of payouts from President Trump’s anti‑weaponization compensation fund. In one crisp sentence, the secretary declared, “There’s no cure for STUPID,” and then walked out of the room.

The remark ignited a firestorm online, with videos of the exchange spreading like wildfire across social media.

Press briefing at the White House discussing oil prices dropping below pre-war levels, featuring a speaker from Fox News.

Newsom, already under fire for California’s soaring taxes and economic woes, had floated the idea of clawing back every dollar Californians might receive from the $1.776 billion fund created to compensate victims of government overreach.

He labeled the fund a “slush fund” and vowed to impose a full tax on any beneficiary, a move that drew sharp rebuke from the Treasury Department.

Bessent’s terse retort bypassed policy details and struck a raw nerve, revealing the deep rift between the executive branches over how to handle funds intended for redress.

🔥

UMVA can exclusively confirm that the secretary’s brief statement has already become a talking point in political circles, sparking debate over the limits of state intervention in federal compensation programs.

The episode underscores the volatile nature of contemporary politics, where a single line can set off a cascade of reactions across the nation.

😂

Share this article

UMVA MAG

UMVA Mag is your trusted source for breaking news, in-depth analysis, and compelling stories from around the world. Covering politics, business, technology, entertainment, sports, health, science, and more — we deliver journalism that matters.

Independent, Accurate, Unbiased
24/7 Breaking News Coverage
Trusted by Millions Worldwide