In a dramatic display at a private Georgetown dinner, Scott Bessent, a senior Treasury official in the Trump administration, reportedly threatened Federal Housing Finance Agency (FHFA) chief Bill Pulte with physical violence. The confrontation, which stunned several high-profile guests, highlights tensions within Trump’s economic and housing team.
Story Highlights:
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Who: Scott Bessent, Trump Treasury official; Bill Pulte, FHFA chief
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What: Bessent allegedly threatened Pulte at an exclusive private dinner
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Where: Executive Branch club, Georgetown, co-founded by Donald Trump Jr.
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When: Last Wednesday during a MAGA-friendly podcaster’s birthday
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Why: Alleged disparaging comments about Bessent to former President Trump
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Context: Reflects growing tensions in Trump’s economic and housing team, including disputes over Fannie Mae, Freddie Mac, and Federal Reserve policy
According to Politico, Bessent, known for his usually soft-spoken demeanor, told Pulte, “Why the f— are you talking to the president about me? F— you. I’m gonna punch you in your f—— face.” The confrontation reportedly occurred after multiple sources informed Bessent that Pulte had allegedly spoken negatively about him to former President Trump.
The heated exchange took place last Wednesday at Executive Branch, a private members club in Georgetown co-founded by Donald Trump Jr. The exclusive event was a birthday celebration for MAGA-friendly podcaster Chamath Palihapitiya and included several Cabinet members, including Commerce Secretary Howard Lutnick, Interior Secretary Doug Burgum, Agriculture Secretary Brooke Rollins, and DNI Tulsi Gabbard.
Eyewitnesses say the situation escalated further when Bessent reportedly suggested, “Or we could go outside.” Pulte asked, “To do what? To talk?”
Bessent’s response was blunt: “No. I’m going to f—— beat your a–.”
Omeed Malik, co-owner of the Executive Branch club, stepped in to separate the two men. After the confrontation, Bessent reportedly insisted, “It’s either me or him. You tell me who’s getting the f— out of here.” Ultimately, Pulte remained, but the two were seated at opposite ends of the table for the rest of the evening.
This episode marks the second reported violent incident involving Bessent. In April, he allegedly had a physical scuffle with Elon Musk at the White House, which reportedly left Musk with a black eye. Despite these incidents, Bessent has publicly dismissed claims of wrongdoing, saying with a smile, “I can 100 percent say I did not give him the black eye.”
The tension between Bessent and Pulte is seen as part of a broader turf war inside Trump’s economic and housing team. Bessent, along with Lutnick and Pulte, is involved in plans to restructure Fannie Mae and Freddie Mac, potentially floating a government stake and preparing for a major market offering. The team is also divided over Federal Reserve policy. Bessent has cautioned that removing Federal Reserve Chair Jerome Powell could unsettle markets, while Pulte has reportedly encouraged Trump to consider firing Powell and even drafted a letter to that effect.
Despite the explosive exchange, the dinner reportedly continued without further incident, reflecting both the high stakes and volatile personalities within the Trump administration’s economic circle. The White House has previously dismissed similar confrontations as “healthy disagreements.”
Requests for comment from Bessent, Pulte, and the White House have not been returned.
The explosive confrontation between Trump Treasury official Scott Bessent and FHFA chief Bill Pulte highlights growing tensions within the former president’s economic and housing team. As Bessent continues to assert himself amid high-stakes debates over Fannie Mae, Freddie Mac, and Federal Reserve policy, the incident underscores the volatility and sharp divisions shaping Trump’s inner circle.
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