Treasury Probes Left-Wing Nonprofits for Tax Exempt Status Revocation Linked to Domestic Political Violence
The Treasury Department is investigating left-wing organizations to potentially revoke their tax-exempt status if they are found using nonprofit structures to facilitate illicit finance or domestic political violence. The inquiry relies on financial counterterrorism tools to trace concealed funding networks.
Officials will hold directors and officers accountable, warning that financial institutions and grant-making entities must now vet their grantees with the same rigor as clients. The review targets charitable entities allegedly used as conduits for foreign influence or violence, with enforcement actions already underway.
From the sources (7 posts)
@statedeptWATCH: Secretary Rubio hosts the Ministerial on the Resurgence of Political Terrorism at the State Department
@statedeptSECRETARY RUBIO: "Today, we face a new wave of this old evil. Here in the United States, the share of left-wing terrorist attacks and plots has risen to levels not seen in decades."
@secscottbessentAt President Trump’s direction, @USTreasury is bringing the full weight of our authorities to defend the integrity of the U.S. and global financial systems. We will identify illicit funding, however artfully it is concealed. We will disman
@ericldaugh🚨 JUST IN: Sec. Scott Bessent announces US Department of Treasury is ACTIVELY investigating left-wing groups to REVOKE their tax-exempt status that are being used to provoke violence and foreign actors WOW! MAKE IT HAPPEN! 🔥 "Treasury is
@rapidresponse47.@SecScottBessent on confronting Left-Wing terrorism: "We have spent decades developing the world's most sophisticated financial counterterrorism capabilities, and now, we are mobilizing some of the same tools that we have deployed against
@rapidresponse47.@SecScottBessent: "We will identify illicit funding, however artfully it is concealed. We will dismantle the networks that sustain political terrorism, however respectable their fronts may be. We will pursue those who enable political viol
@trumpwarroomBESSENT: "We are examining where tax-exempt status has been exploited, where charitable entities have become financial conduits for foreign influence activity, & how those entrusted with stewardship of these organizations have instead e