Scott Bessent hosted Fox News Host Jesse Watters at the Treasury Department in a clip aired Monday, and it was clear they were having fun as they discussed a secret vault, Trump’s signature on new currency debuting in the fall, and the lunacy of the communist revival in our country.
I saw the treasury secretary here in Southern California in late May for an event touting Trump accounts, and as he took questions from conservative actor Kelsey Grammer, I was struck by how easygoing he was — and funny.
Let’s start with communism, since the Democratic Socialists have become like a locust infestation in far-left dominions and are even winning elections in places like New York City:
🚨 JUST IN: Treasury Sec. Scott Bessent DROPS THE MIC on every communist in America
— Eric Daugherty (@EricLDaugh) July 14, 2026
"They make it more affordable by making people worse off! Things are very cheap in CUBA. Things are very cheap in Venezuela — because NOBODY HAS ANY MONEY."
"I think the money supply in… pic.twitter.com/Sq28kub8to
🚨 JUST IN: Treasury Sec. Scott Bessent DROPS THE MIC on every communist in America
"They make it more affordable by making people worse off! Things are very cheap in CUBA. Things are very cheap in Venezuela — because NOBODY HAS ANY MONEY."
"I think the money supply in Venezuela went down 90 something percent. So you can level things off and make everyone the destitute, which is like a Bolshevik revolution again."
When Watters said that Trump had boasted he could be the “best communist” because he’d offer free rent and free food to everyone, Bessent chuckled. “Yeah, and the shelves will be empty,” he replied. He recalled how he went to the former Soviet Union just after the Wall came down and witnessed only “destitution” and saw that there was “just nothing there."
This is what NYC Mayor Zohran Mamdani and his ilk will bring to America if their Marxist revolution is allowed to succeed. Bessent stayed optimistic: “I think the American people are going to push back.”
MORE: Legend: Bessent Humorously Decks the White House Media, Gets in a Swipe at Gavin Newsom
Watch: Bessent Steamrolls Democrats During Fiery House Hearing
Another fun moment came when Bessent showed Watters the new hot-off-the-presses currency with Trump’s signature on it. It's scheduled to hit the streets in the fall to celebrate America 250. “Don’t smudge it,” Bessent joked. Watters noted that it’s probably the smallest signature Trump has ever produced. Bessent revealed that the president used a mini-Sharpie and had to stay between the lines:
Bessent showing Fox Host Jesse Watters a sheet of hundred dollar bills with Trump’s signature on it
— Acyn (@Acyn) July 14, 2026
“He used a mini-sharpie. The more cash that people in the US or around the world are willing to hold, then the better it is for our budget. I think people are going to want to… pic.twitter.com/0riuuV4DLC
Bessent showing Fox Host Jesse Watters a sheet of hundred dollar bills with Trump’s signature on it
“He used a mini-sharpie. The more cash that people in the US or around the world are willing to hold, then the better it is for our budget. I think people are going to want to hold the president's signature.”
The Treasury Secretary also reiterated that the new currency won’t cost taxpayers a dime because it’s routine to change things up with different printings.
This next post consists of the entire interview, but at the start, it shows Bessent giving Watters a peek at a top-secret vault. He wouldn’t let Watters in, though — “too much money in there, Jesse.”
Bessent also gave a great history lesson on the evolution of the “greenback” and how so much of what we take for granted with today’s currency wasn’t always so.
Watch:
🚨 MUST WATCH: SECRETARY SCOTT BESSENT TAKES PRIMETIME TO THE TREASURY DEPARTMENT'S SECRET VAULT 💰🚪🔥 pic.twitter.com/jvxOBDcgPG
— Jesse Watters (@JesseBWatters) July 14, 2026
Bessent:
I can't tell you what's in there now, but Americans used to come and cash their checks here. Banks could present, and it'll get greenbacks.
Salmon Chase, who was the treasurer, or treasury secretary, during the Civil War, created the greenback. We used to have states [who had] their own money, banks used to issue their own money, and he consolidated into the greenback, so people could swap for greenbacks here.
It’s great to see Cabinet members showing that they’re actual human beings — and not just automatons — and giving us behind-the-scenes looks at what really goes on in these departments. So often in the Swamp, the goal seems to be to keep things shrouded in mystery and darkness. As numerous officials in this administration have shown, they’re actually real people and aren’t averse to a little fun.
It’s a far cry from the dour, technocratic face of many previous administrations, and I welcome it.
