Source Details

{
    "source_type": "extension",
    "content_hash": "b50a904e715e8ac829ebb3e08d06cd255570bb9f7b31dc72161c9d89b013e7f2",
    "submitted_via": "chrome_extension",
    "extension_version": "1.0.18",
    "original_url": "https:\/\/www.nytimes.com\/2026\/09\/23\/business\/bessent-jp-morgan-stock.html?emc=edit_nn_20260924&nl=the-morning&segment_id=226986",
    "parsed_content": "Trump AdministrationN.I.H. GrantsGreenland DealDefense of A.I.Voting by MailApproval RatingAdvertisementSKIP ADVERTISEMENTSupported bySKIP ADVERTISEMENTBessent \u2018Inadvertently\u2019 Failed to Report Holdings of JPMorgan StockTreasury Secretary Scott Bessent\u2019s finances were reviewed by the inspector general after Mr. Bessent incorrectly listed at least $100,000 of the stock, which was owned by his husband, as cash.Listen \u00b7 3:20 min Share full articleFor the second time this term, Treasury Secretary Scott Bessent was found to have failed to comply with the divestment requirementsCredit...Haiyun Jiang\/The New York TimesBy Alan RappeportReporting from WashingtonSept. 23, 2026See more of our coverage in your search results.Encuentra m\u00e1s de nuestra cobertura en los resultados de b\u00fasqueda. Add The New York Times on GoogleAgrega The New York Times en Google Treasury Secretary Scott Bessent failed to disclose at least $100,000 of his husband\u2019s JPMorgan stock last year, triggering a review of his family\u2019s finances by the Treasury Department\u2019s Office of Inspector General, according to a filing with the Office of Government Ethics.Instead of reporting the money as stock, the initial financial disclosure form that Mr. Bessent filed last year ahead of his confirmation indicated that the funds were cash in an undisclosed bank account. 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.Mr. Vetter said the holding had been \u201cinadvertently reported\u201d as cash instead of an equity holding.A former hedge fund manager, Mr. Bessent last year reported having assets worth more than $700 million after being tapped to be President Trump\u2019s Treasury secretary. His husband, John Freeman, is a former assistant district attorney in New York who later became general counsel of Bessent Capital, one of Mr. Bessent\u2019s former funds. Mr. Freeman was appointed last July to serve on the American Battle Monuments Commission.Mr. Bessent\u2019s mishandling of his family\u2019s financial divestment obligations was earlier reported by Politico.AdvertisementSKIP ADVERTISEMENTIt is the second time that the Treasury secretary failed to comply with the divestment requirements that cabinet officials face when assuming top government roles.Last August, the ethics office alerted the Senate that Mr. Bessent was delinquent in selling his holdings of thousands of acres of North Dakota soybean farmland. The holdings represented a potential conflict of interest because Mr. Bessent was leading trade talks with China that involved negotiations over its purchases of American soybeans. Mr. Bessent divested the farmland holdings last December after requesting an extension.Mr. Freeman\u2019s JPMorgan stock would not necessarily pose a conflict of interest for Mr. Bessent; however, the Treasury secretary does wield significant influence over the financial sector. This week, he held meetings with Chinese officials at the New York headquarters of JPMorgan Chase.The Treasury Department did not respond to a request for comment.In the filing, Mr. Vetter wrote that the Office of the Inspector General reviewed the situation and determined that there had been no \u201cknowing violation\u201d of the Ethics in Government Act. Mr. Vetter said that he agreed with that finding.Senator Ron Wyden of Oregon, the top Democrat on the Senate Finance Committee, criticized Mr. Bessent for \u201csecretly\u201d owning JPMorgan stock.AdvertisementSKIP ADVERTISEMENT\u201cScott Bessent lies at the heart of the most corrupt presidential administration in history,\u201d Mr. Wyden said in a statement. \u201cThis is why Americans are fed up with Trump\u2019s corrupt regime, and Congress must follow the money to uncover the truth.\u201dAdvertisementSKIP ADVERTISEMENT",
    "published_at": "2026-09-23T15:12:23+00:00",
    "author_name": "Alan Rappeport",
    "site_name": "The New York Times",
    "section": "Business",
    "publisher": "The New York Times Company",
    "ai_headline": "Bessent \u2018Inadvertently\u2019 Failed to Report Holdings of JPMorgan Stock",
    "ai_simplified_title": "Treasury Secretary Bessent Fails to Report JPMorgan Stock Holdings",
    "ai_excerpt": "Treasury Secretary Scott Bessent failed to disclose at least $100,000 of his husband\u2019s JPMorgan stock, leading to an inspector general review. This marks the second time Bessent has failed to comply with divestment requirements.",
    "ai_subject_tags": [
        "Scott Bessent",
        "JPMorgan Chase",
        "Financial Disclosure",
        "Ethics in Government",
        "Treasury Department",
        "Trump Administration"
    ],
    "ai_context_type": "News",
    "ai_context_details": {
        "tone": "informative",
        "perspective": "neutral",
        "audience": "general",
        "credibility_indicators": [
            "expert_quotes",
            "official_filings_cited"
        ]
    },
    "ai_source_vector": null,
    "ai_confidence_score": 0.9999999999999999,
    "ai_extraction_metadata": {
        "extracted_at": "2026-09-25T03:24:26.141887Z",
        "ai_model": "gemini-2.5-flash",
        "extraction_method": "automated",
        "content_length": 3928,
        "metadata_prompt_body_chars": 3928,
        "metadata_prompt_truncated": false,
        "url": "https:\/\/nytimes.com\/2026\/09\/23\/business\/bessent-jp-morgan-stock.html",
        "existing_metadata": {
            "author_name": "Alan Rappeport",
            "published_at": "2026-09-23T15:12:23.000000Z",
            "domain_name": "nytimes.com",
            "site_name": "The New York Times",
            "section": "Business",
            "publisher": "The New York Times Company"
        },
        "openai_refusal_gemini_fallback": false
    }
}

{
    "extracted_at": "2026-09-25T03:24:26.141887Z",
    "ai_model": "gemini-2.5-flash",
    "extraction_method": "automated",
    "content_length": 3928,
    "metadata_prompt_body_chars": 3928,
    "metadata_prompt_truncated": false,
    "url": "https:\/\/nytimes.com\/2026\/09\/23\/business\/bessent-jp-morgan-stock.html",
    "existing_metadata": {
        "author_name": "Alan Rappeport",
        "published_at": "2026-09-23T15:12:23.000000Z",
        "domain_name": "nytimes.com",
        "site_name": "The New York Times",
        "section": "Business",
        "publisher": "The New York Times Company"
    },
    "openai_refusal_gemini_fallback": false
}