28 MAY 26 SITREP

• Treasury Secretary Scott Bessent confirmed that a bad actor at the IRS leaked more than 400,000 tax returns, including those of the Trump family and all employees, that President Trump endured more than 10 years of nonstop harassment and weaponization from federal and state government actors as a direct result, and that no American should be targeted for political reasons and every citizen deserves fair treatment and full protection of the law.
• The IRS settlement was rolled over into a weaponization fund at the Department of Justice, with Bessent stating this is how the current legal situation came to be and that due to ongoing litigation it was the only question he would take on the matter.
• The case involves coordination between the Department of Justice, Treasury, and the IRS, with Bessent declining to detail the decision process behind the settlement or how the funds are being administered due to the ongoing nature of the litigation.
• Acting Attorney General Todd Blanch holds authority over the matter, with the full weight of the Department of Justice, Treasury, and the IRS behind resolving a case rooted in the political targeting of President Trump and his associates.

• Bessent reported that the average tax refund during the 2025 filing season reached nearly $3,300, an 11 percent increase from the prior year, with 44 percent of 62 million returns claiming at least one of the president’s four signature tax benefits: no tax on tips, no tax on overtime, reduced taxes on Social Security benefits, and auto loan deductibility for American-made vehicles.
• The Trump account app launched on all major platforms, with nearly 6 million American children already enrolled; the program provides a $1,000 Treasury seed investment for children born during the Trump administration, allows contributions of up to $5,000 per year, and officially launches on July 4th at trumpaccount.gov, with 6 financial literacy learning pods embedded in the app.
• Bessent stated the U.S. is now the world’s largest energy exporter, that real GDP rose 2.6 percent over the prior four quarters, that the Atlanta Fed’s GDPNow model projected 3.8 percent growth for the second quarter, that the unemployment rate stood at 4.3 percent, and that the average 401k increased by nearly $30,000 since President Trump’s inauguration.
• On Russia, Bessent confirmed the Trump administration sanctioned Russia’s two largest oil companies, Lukoil and Rosneft, stating no other government had taken equivalent action, while on Cuba, he indicated that Treasury sanctions could go up or down depending on Havana’s behavior, noting Cuba had already rejected humanitarian aid to preserve its own distribution system.

• Jacob Wenske, a 26-year-old Texas man, was arrested and charged with two felony counts of making a terroristic threat causing public fear after allegedly threatening to kill Erika Kirk ahead of her scheduled appearance at a Turning Point USA event in San Antonio, with his bond set at $120,000.
• In April, Wenske replied to a post about Turning Point’s forthcoming women’s leadership summit, writing “I know exactly where to bomb” and in a separate post added “I can’t wait to be the valet for her escort,” with both posts discovered by San Antonio police investigators.
• An email from an account registered to Wenske stated, per court documents, that every speaker at Turning Point rallies and events would perish in a bombing, that Erika Kirk and every single speaker should die, and that every Christian nationalist shall perish.
• Erika Kirk, who became CEO of Turning Point USA following the killing of her husband Charlie Kirk, is scheduled to speak at the Turning Point USA Women’s Leadership Summit at the San Antonio Marriott Rivercenter on the River Walk between June 5 and 7.