Treasury Sec. Bessent is reportedly gearing up to REVOKE the tax-exempt status of nonprofits including George Soros' Open Society Foundation CAIR
Council on American-Islamic Relations) and the SPLC — NYP. The operation might result in CIVIL PENALTIES too
By News on the Net -- Eric Daugherty & NEW YORK POST—— Bio and Archives--August 28, 2026
News in Brief—News Headlines | Comments | Back To Full Article
Make it happen, Secretary Bessent!
The move could target MULTIPLE leftist nonprofits because they ABUSE their tax-exempt status.
This is MASSIVELY overdue!
This was made possible by a Trump executive order from last year. Bessent recently said:
"Treasury is expanding its efforts to identify organizations that abuse charitable and nonprofit structures as vehicles for illicit finance."
"We are examining where tax exempt status has been exploited, where charitable entities have become financial conduits for foreign influence activity and how those entrusted with stewardship of these organizations have instead enabled violence, where the evidence leads we will not hesitate to follow and of course we will hold these organizations, officers, directors, accountable and just as financial institution must know their clients they must know their grantees."
"That work is well underway."
???? HOLY CRAP! Treasury Sec. Scott Bessent is reportedly gearing up to REVOKE the tax-exempt status of nonprofits including George Soros' Open Society Foundation, CAIR (Council on American-Islamic Relations) and the SPLC — NYP
— Eric Daugherty (@EricLDaugh)August 28, 2026
The operation might result in CIVIL PENALTIES too… pic.twitter.com/Q1zOVJqUbm
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