U.S. Treasury Secretary Scott Bessent attends a reception with business leaders, at the 56th annual World Economic Forum (WEF), in Davos, Switzerland, January 21, 2026. REUTERS/Jonathan Ernst
A reporter flagged a shocking irony behind Treasury Secretary Scott Bessent's attempt to throw shade at a top Democrat at the World Economic Forum in Davos on Wednesday.
Bessent, a former hedge fund manager, said during a speech in Davos that California Gov. Gavin Newsom was attending the event with his "billionaire sugar daddy," Alex Soros. Soros is the son of famed philanthropist George Soros, whom the MAGA movement has sought to portray as a symbol of Democratic corruption.
Jake Sherman, founder of Punchbowl News, noted a shocking irony in Bessent's comments. Namely, that Bessent had worked for a firm founded by Alex Soros before joining the Trump administration.
"Bessent, a former employee of Soros Fund Management, which was founded by Alex Soros' father," Sherman posted on X.