At any other time in American history, it would end the career of somebody like Scott Bessent, our limited-intelligence Treasury Secretary. It came out yesterday when Illinois Congressman Sean Casten was questioning him about the “billions of dollars” that Trump keeps claiming America is “getting” from selling Venezuelan oil.

Bessent agreed with Trump, saying the oil and oil money we’ve seized from that country is “one of the largest assets to ever go on the U.S. balance sheet.” Billions and billions of dollars.

So Casten asked him a simple question: Can you tell us who controls that money and where it is? Can you confirm “whether or not those [funds] are flowing to U.S. persons?”

Bessent’s answer was a shocking single word: “No.” He ain’t talkin…

Did Trump take the oil and the money from the oil? Bessent refuses to say. Trump refuses to say. Nobody, in fact, in the Trump regime will tell us where that money is or who controls it or even who’s making the money accrued on its interest.

Here’s what we do know:

Three days after Trump kidnapped President Maduro and his wife, he went on his Nazi-infested social media site and wrote that Venezuela’s oil revenues would be controlled by him personally “as President of the United States.”

Three days after that, he signed an executive order declaring a “national emergency” involving that oil so no court or creditor could touch the money, screwing the bondholders and oil companies to which Venezuela owed roughly $150 billion.

Then Trump started selling the oil we’d seized from Venezuela. The first load, according to Reuters and Semafor, went to commodity trading companies Vitol and Trafigura for about $500 million, groups that the Washington Post said both carry histories of bribery schemes tied to oil sales.

And that money didn’t go to the Treasury account that was described in Trump’s own executive order. Instead, it went to a bank account in Qatar, right after that country’s leaders gave him a $400 million jet. A senior official explained to Semafor that Qatar was chosen as a “neutral location” where money “can flow freely” without risk of seizure.

Senator Elizabeth Warren was outraged, and told the world what most of us were thinking at the time:

“There is no basis in law for a president to set up an offshore account that he controls so that he can sell assets seized by the American military. That is precisely a move that a corrupt politician would be attracted to.”

In January, Secretary of State Marco Rubio testified to the Senate that $300 million had been sent to Venezuela to cover government payroll needs and another $200 million was “still sitting” in Doha. He referred to the entire operation as “novel” and “a short-term mechanism.”

But a month later, Energy Secretary Chris Wright said on CNBC that the account had been closed and no more money would be flowing to or through Qatar…and nobody has identified where it went, or where it is, since then.

House Foreign Affairs committee ranking member Gregory Meeks called it “an offshore slush fund.” Bessent, questioned by Casten back in February refused to say which accounts the Treasury Department was even using, even though Trump’s executive order had named him/Treasury as the custodian for the funds. Casten and Senator Chris Van Hollen again demanded to know where the money was in March, and were again stonewalled. And then again this week.

Meanwhile, the pile of money is growing, particularly given the oil........

© Common Dreams