Scott Bessent Sidesteps $134 Billion Tariff Refund Question, Calls Corporate Lawsuits 'Ultimate Corporate Welfare' - FedEx (NYSE:FDX)

Treasury Secretary Scott Bessent refused to commit to issuing $134 billion in potential tariff refunds during a post-State of the Union interview, instead framing corporate demands for repayment as a form of government handout.The Refund Standoff“We will follow the ruling of the lower court,” Bessent stated, emphasizing a 42-day waiting period before further action. However, he quickly pivoted to a populist defense of the administration's refusal to pay, suggesting that returning the funds would not benefit ...