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Fact-check · Oct 30, 2026 · Scott Bessent

“Treasury is proud to seed this new 25,000,000 fraud whistleblower incentive program”

TRUE
What the record shows
Treasury Department committed $25 million to seed the Fraud Whistleblower Incentive Program (WHIP), announced October 20, 2026, administered by DOJ's National Fraud Enforcement Division.

Official Treasury press release and DOJ announcement confirm the $25 million commitment to the new whistleblower incentive program.

Sources
▶ Watch the broadcast
From: Secretary of the Treasury Scott Bessent Holds a Fraud Task Force Press Conference in St. Cloud, MN

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