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Claim Text: The funds were divested last July after the error was caught and Mr. Bessent paid a $200 late fee because the mistake was not reported in a timely matter, according to a note on the filing written by Mark Vetter, an ethics official in the Treasury Department.
Simplified Text: The undisclosed funds were divested in July 2025, and Scott Bessent paid a $200 late fee for the reporting mistake, according to Mark Vetter, a Treasury Department ethics official.
Confidence Score: 1.000
Claim Maker: The author
Context Type: News Article
Context Details: { "date": "2025-07", "fine": "$200", "person": "Scott Bessent", "organization": "Treasury Department" }
Subject Tags: Government Finance Ethics
UUID: 8890731e-efa6-4562-b0ea-0e814c9ef88d
Vector Index: ✗ No vector
Created: September 25, 2026 at 3:24 AM (2 weeks ago)
Last Updated: September 25, 2026 at 3:24 AM (2 weeks ago)

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Screenshot of https://nytimes.com/2026/09/23/business/bessent-jp-morgan-stock.html

Bessent ‘Inadvertently’ Failed to Report Holdings of JPMorgan Stock

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7 claims

2 weeks ago

https://nytimes.com/2026/09/23/business/bessent-jp-morgan-stock.html

Treasury Secretary Scott Bessent failed to disclose at least $100,000 of his husband’s JPMorgan stock, leading to an inspector general review. This marks the second time Bessent has failed to comply with divestment requirements.

Scott Bessent JPMorgan Chase Financial Disclosure Ethics in Government Treasury Department Trump Administration

Similar Claims (5)

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The funds were divested last July after the error was caught and Mr. Bessent paid a $200 late fee because the mistake was not reported in a timely matter, according to a note on the filing written by... 1.000

Simplified: In July 2026, after the reporting error was discovered, the JPMorgan stock was divested and Treasury Secretary Scott Bessent paid a $200 late fee for...

2 weeks ago
In the filing, Mr. Vetter wrote that the Office of the Inspector General reviewed the situation and determined that there had been no “knowing violation” of the Ethics in Government Act. 1.000

Simplified: According to a filing note by Treasury ethics official Mark Vetter, the Office of the Inspector General reviewed Scott Bessent's financial disclosure...

2 weeks ago
Mr. Vetter said the holding had been “inadvertently reported” as cash instead of an equity holding. 1.000

Simplified: Treasury Department ethics official Mark Vetter stated that the JPMorgan stock holding had been 'inadvertently reported' as cash.

2 weeks ago
It is the second time that the Treasury secretary failed to comply with the divestment requirements that cabinet officials face when assuming top government roles. 1.000

Simplified: This is the second time Treasury Secretary Scott Bessent has failed to comply with divestment requirements for cabinet officials.

2 weeks ago
Treasury Secretary Scott Bessent failed to disclose at least $100,000 of his husband’s JPMorgan stock last year, triggering a review of his family’s finances by the Treasury Department’s Office of Ins... 1.000

Simplified: In 2025, Treasury Secretary Scott Bessent failed to disclose at least $100,000 of his husband’s JPMorgan stock, which triggered a review by the Treasu...

2 weeks ago