As tensions flare in Minnesota, Treasury Secretary Bessent pushes a crackdown on fraud

The Treasury Department is taking a closer look at financial transactions between Minnesotan residents and businesses and Somalia as the federal government ramps up its immigration crackdown in the state, Treasury Secretary Scott Bessent told reporters on Friday during a visit to the state. Bessent said his agency has launched a series of actions to combat fraud in the state and has launched investigations into four businesses that people use to wire money to family members abroad to do more to scrutinize transactions.