Treasury Secretary Scott Bessent signaled that the federal government is nearing a public reckoning over who bankrolls far?left militant groups such as Antifa, telling reporters that the joint TreasuryFBI probe into their financial backers is advancing rapidly.
According to The Gateway Pundit, Bessent briefed the press about the long-running investigation ordered by President Trump into the money pipelines sustaining radical left organizations that have helped fuel political violence in recent years. Weve made substantial progress, and I think in the weeks and months ahead were going to have a lot to report, he said, indicating that the era of opaque funding for extremist street movements may soon face serious legal and financial scrutiny.
For years, George Soros and his Open Society Foundations have been accused of funneling vast sums into dark money operations and radical left movements designed to destabilize conservative governments and elevate globalist ideologues hostile to national sovereignty. Soros has also been widely described by critics as the shadowy puppet master behind lawfare campaigns against President Trump, election interference schemes, and the broader climate of chaos that has gripped American cities and institutions.
President Trump has not minced words about the role he believes Soros and his son Alex, a prominent Democratic power broker, have played in fomenting unrest and undermining the rule of law. He has repeatedly called for both men to be charged with RICO because of their support of Violent Protests, and much more, all throughout the United States of America.
In September 2025, Trump signed a memorandum directing the Treasury Department and the Department of Justice to trace and expose the financial networks that sustain leftwing terrorist groups. The order instructed federal agencies to identify and disrupt financial networks that fund domestic terrorism and political violence, a mandate that conservatives see as long overdue after years of unchecked leftist street militancy.
During an October White House roundtable on combating Antifa, Attorney General Pam Bondi underscored that the Justice Department is fully aligned with Treasury in pursuing the money trail. Bondi confirmed that the DOJ is were all working with Treasury to find the criminal conspiracy, signaling that prosecutors are prepared to treat these networks as coordinated operations rather than isolated acts of unrest.
The Daily Callers Reagan Reese pressed Bessent on Thursday for a status report on the Antifa funding probe, asking how close investigators are to identifying the key financial backers. Bessent reiterated that the investigation is ongoing and again emphasized that in the weeks and months ahead were going to have a lot to report, suggesting that the public may soon learn more about who has been underwriting the violence.
Beyond the criminal investigation, Bessent pointed to new transparency requirements aimed at stripping anonymity from nonprofit pass?throughs that quietly bankroll radical activism. He highlighted updated IRS guidance on Form 990, explaining that we are going to encourage or demand that nonprofits know their grant recipients, a move that could expose foundations that have long hidden behind layers of intermediaries.
So, if a grant recipient is violent, if they are suppressing peoples rights, then you are responsible for that, and I think thats a very good first step, Bessent added, making clear that organizations can no longer claim ignorance when their money ends up fueling political violence. For conservatives who have watched leftwing groups operate with impunity while enjoying tax?advantaged status, this shift represents a significant tightening of accountability.
In an exchange captured on video, Reese framed the core concern shared by many Americans who have seen Antifa riots devastate communities without any apparent consequences for those writing the checks. I want to ask you about Antifa. In October, the Treasury Department started working with the FBI to investigate whos funding Antifa. Can you give us an update on that investigation? How close are you guys to finding out whos funding Antifa? she asked, prompting Bessents detailed response on the progress and the new nonprofit rules.
Bessent replied, It is ongoing. Weve made substantial progress, and I think in the weeks and months ahead were going to have a lot to report. One thing that did go the underreported that I would point out to all of you is the IRS is now giving guidance on the form 990, which nonprofits they have to file, and we are going to encourage or demand that nonprofits know their grant recipients. So, if a grant recipient is violent, if they are suppressing peoples rights, then you are responsible for that, and I think thats a very good first step.
As The Gateway Pundit reported earlier this month, the White House has been equally blunt about its determination to expose and dismantle the financial scaffolding behind leftwing extremism. White House Press Secretary Karoline Leavitt confirmed to The Gateway Pundit that the Trump Administration is aggressively looking into the money behind leftwing terrorist networks and the organized anarchy they have unleashed.
We will continue to get to the bottom of who is funding these organizations and this organized anarchy against our country and our government, she asserted, echoing a broader conservative demand that those who bankroll domestic unrest face the same level of accountability as those who carry it out in the streets. With the TreasuryFBI probe advancing and nonprofit disclosure rules tightening, the coming months may finally test whether America is willing to confront the financial engines driving its most radical and violent political movements.
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