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Bessent Signals Crackdown On Dark-Money Funded NGOs In "Weeks, Months Ahead"
Last year, readers were briefed on what was then the investigative phase into dark-money-funded NGOs and alleged foreign influence operations routed through far-left activist networks. These NGOs and activist networks advance anti-capitalist agendas, mobilize protests and riots to fuel unrest under the banner of toxic social justice, and have also served as a permanent protest-industrial complex designed to delay, deny, and destroy President Trump's pro-America agenda.
Fast forward to late spring, and there now appears to be a clear transition inside parts of the Trump administration from the investigative phase to the action phase.
Treasury Secretary Scott Bessent signaled just that during a Thursday press briefing.
Here, the exchange between a reporter and Bessent suggests the potential enforcement phase has already begun:
Reporter: "I want to ask you about Antifa. In October, the Treasury Department started working with the FBI to investigate who's funding Antifa. Can you give us an update on that investigation? How close are you guys finding out who is funding it?"
Scott Bessent: "It is ongoing. We made substantial progress, and I think in the weeks and months ahead, we are going to have a lot to report""
(Bessent continues on IRS guidance for nonprofits): "The IRS is now giving guidance on the Form 990, which nonprofits they have to file. We are going to demand that nonprofits know their grant recipients. So if a grant recipient is violent, if they are suppressing people's rights, then YOU are responsible for that. And I think that's a very good first step."
Watch the Exchange:
🚨 WOW! Scott Bessent just revealed the IRS has moved to make NGOs LIABLE for violent activity committed by their grant recipients like Antifa
George Soros has been put on NOTICE.
"The IRS is now giving guidance on the Form 990, which nonprofits they have to file. We are going… pic.twitter.com/15ToheHbwa
What's key to understand is that Bessent lays out a timeline of the action phase against the radical left that seeks revolution and routes its operations through dark-money-funded NGOs and activist groups.
We suspect that one of the key focuses is on U.S. Marxist tech financier Neville Roy Singham, who has reportedly been living in China and has been linked by The New York Times to CCP-aligned propaganda activist networks.
This week, far-left Turkish-American millionaire and Twitch streamer Hasan Piker committed an operational-security mistake by publicly identifying Singham as the "funding vehicle" for Marxist political movements in the U.S. routed through a network of nonprofits.
Piker revealed last week that he received a U.S. Treasury's "Requests for Information" subpoena over his "humanitarian trip" to Cuba with pro-China CodePink cofounder Susan Medea Benjamin. Keep in mind that CodePink is connected to the Singham network.
We've been early to the story of some nonprofits used as adversarial influence operations, as noted last year:
Last October, Seamus Bruner, Director of Research at the Government Accountability Institute, briefed President Trump on television about radical left NGOs and activist networks.
"We have identified dozens of radical organizations, not just the decentralized Antifa organizations, but dozens of radical organizations that have received more than $100 million from the Riot Inc investors," Bruner told Trump.
Source: Government Accountability Institute
This subject is near and dear to Elon Musk, who at the time commented on a video of Seamus briefing Trump.
Way more than $100M of US taxpayer money
— Elon Musk (@elonmusk) October 8, 2025The best understanding we can provide readers is that the investigative phase into these radical-left NGOs has entered the action phase.
Hedge fund legend Kyle Bass noted, "SecScottBessent is doing God's work. Imagine if the IRS required a full donor list to be public to maintain the 501 (c) (3) ’s tax-exempt status."
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One In Three American Men No Longer Working
The number of American men participating in the workforce has fallen to one of its lowest levels in nearly two decades, according to new federal labor statistics.
Just 66 percent of men age 20 and older were employed or actively seeking work as of April, according to data released earlier this month by the US Bureau of Labor Statistics. That figure has dropped sharply from 73 percent in 2006 and now sits near levels last seen during the fallout from the 2008 financial crisis.
The numbers mean roughly one in three American men are no longer in the workforce.
The only modern period with lower participation rates came during the economic devastation caused by the 2020 pandemic, when male workforce participation collapsed to 59 percent.
While employment rates gradually recovered during the years following the Great Recession, those gains were wiped out during the pandemic downturn. Participation rebounded somewhat within two years before beginning another steady decline that has continued into 2026.
The downward trend appears ongoing. Male workforce participation fell another full percentage point in April compared with the same period in 2025, according to Labor Department data.
Several economic shifts are contributing to the decline.
Industries that have traditionally employed large numbers of men including transportation, manufacturing and other labor-intensive sectors, have shed jobs over the past year, according to the Washington Post.
At the same time, growing numbers of retirees and male students have reduced the share of men participating in the labor market.
The labor picture for women has followed a different trajectory.
Female workforce participation also declined during the past two decades, though the swings have been less dramatic. Women saw only a 2-point decline during the 2008 recession, compared with a 5-point drop for men.
Women’s labor force participation has also remained more stable since the pandemic recovery, never falling below 56 percent since 2022.
The economy increasingly appears to favor sectors dominated by female workers. Healthcare and education jobs have grown over the past year, helping women capture nearly all recent job gains.
Of the 369,000 jobs added to the US economy since 2025, 96 perent went to women while just 4 percent went to men, according to the Washington Post.
Despite the shrinking share of men participating in the labor force, male unemployment has remained relatively low, hovering between 3 percent and 4 percent since 2021.
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Trump Refiles Lawsuit Over Wall Street Journal Article Linking Him To Epstein Letter
Authored by Jackson Richman via The Epoch Times,
President Donald Trump has refiled his $10 billion defamation lawsuit against Dow Jones & Company, publisher of The Wall Street Journal, over an article that alleged he signed a birthday letter sent to convicted sex offender Jeffrey Epstein.
Trump’s legal team submitted the revised complaint exactly on the May 27 deadline set by U.S. District Judge Darrin Gayles. In April, Gayles dismissed the original lawsuit, ruling that Trump had failed to show that The Wall Street Journal acted with “actual malice,” the legal standard required in defamation cases involving public figures.
The updated complaint, which is seven pages longer than the original filing, again argues that Trump suffered significant financial and reputational damage from what his attorneys describe as a “false, defamatory, and malicious” article.
Trump has repeatedly denied authoring the 2003 letter.
In the new filing, Trump’s attorneys argue that only two surviving individuals could confirm whether the letter existed. According to the complaint, Trump “vehemently denied” writing it, while Epstein associate Ghislaine Maxwell allegedly told federal officials she had no knowledge of the document.
The complaint further accuses reporters Khadeeja Safdar and Joe Palazzolo, along with Dow Jones and News Corp., of either knowingly publishing false information or intentionally avoiding evidence that contradicted the story.
The original Wall Street Journal report said that Trump denied both writing the letter and drawing the image.
However, Trump’s legal team states “the Defendants falsely, maliciously, and defamatorily state as fact that regardless of how the alleged letter was prepared, it nonetheless contains President Trump’s authentic signature.”
Responding to requests for comment, publisher Dow Jones declined to discuss the refiled lawsuit but reiterated a previous statement issued in July 2025.
“We have full confidence in the rigor and accuracy of our reporting, and will vigorously defend against any lawsuit,” a company spokesperson said.
In dismissing the original case, Gayles explained that proving actual malice requires evidence that a publisher knowingly reported false information or acted with reckless disregard for the truth. He wrote that Trump’s earlier complaint “comes nowhere close to this standard.”
Gayles also noted that The Wall Street Journal sought comment from Trump, the Justice Department, and the FBI before publication. Trump denied writing the letter, the Justice Department did not respond, and the FBI declined to comment.
The judge further stated that claims the newspaper ignored contradictory evidence were weakened by the article itself, which included Trump’s denial. Allegations of ill intent alone, he wrote, were insufficient to establish actual malice without supporting factual evidence.
Attorneys representing the newspaper have argued that the article’s claims are true and therefore not defamatory. However, Gayles declined to decide those factual disputes at this stage of the proceedings. He said questions regarding whether Trump authored the letter or maintained a personal relationship with Epstein remain unresolved.
To proceed with the lawsuit, Gayles wrote, Trump must provide clear evidence that The Wall Street Journal knowingly published false information or acted with reckless disregard for the truth.
The judge characterized the original complaint as relying on “formulaic” accusations that failed to meet the high legal threshold required for public figures pursuing defamation claims.
Following the dismissal, Trump addressed the case on Truth Social, saying his legal team would submit a revised complaint before the court’s deadline.
“It is not a termination, it is a suggested re-filing,” Trump wrote.
Trump originally filed the lawsuit in July 2025 after The Wall Street Journal published an article about the sexually suggestive letter allegedly bearing his signature in a birthday album created for Epstein’s 50th birthday in 2003.
Tyler Durden Fri, 05/29/2026 - 15:40