DOGE

Bessent ‘Slightly Shocked’ by Scale of Fraud Uncovered by DOGE

As DOGE pushes to cut spending, Treasury Secretary Scott Bessent says he’s somewhat shocked by the amount of fraud it has already uncovered.
Bessent ‘Slightly Shocked’ by Scale of Fraud Uncovered by DOGE
U.S. Secretary of Treasury Scott Bessent attends a meeting with Ukraine's president in Kyiv on Feb. 12, 2025. Tetiana Dzhafarova/AFP via Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00

Treasury Secretary Scott Bessent said Friday that the Department of Government Efficiency (DOGE) is making significant strides in cutting federal spending, adding that he is “slightly shocked” by the extent of fraud uncovered—not just waste and abuse.

Speaking in a Feb. 28 interview on Bloomberg Podcasts, Bessent was asked whether DOGE’s cost-cutting measures would have a “material” impact on deficit reduction.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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