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The tech billionaire and US Treasury secretary have clashed over who should control the Internal Revenue Service
Tech billionaire Elon Musk and US Treasury Secretary Scott Bessent were involved in a heated shouting match inside the White House last week, reportedly trading expletives and personal insults during a confrontation over leadership of the Internal Revenue Service (IRS), according to Axios.
The incident reportedly unfolded in the West Wing on Thursday within earshot of President Donald Trump and visiting Italian Prime Minister Giorgia Meloni. The two men argued over Trump’s recent decision to name Gary Shapley, Musk’s preferred candidate, as acting IRS commissioner – a move that blindsided Bessent, who had lobbied for his deputy, Michael Faulkender.
“It was two billionaire, middle-aged men thinking it was WWE in the hall of the West Wing,” one witness told Axios on Wednesday.
Musk reportedly accused Bessent – a former partner at Soros Fund Management and the founder of Key Square Group – of being a “Soros agent.” Bessent “roared” back, at one point allegedly shouting “F**k you,” to which Musk replied, “Say it louder.”
The clash did not escalate into physical violence, but was loud enough to be heard in nearby offices, according to multiple sources. Witnesses said an aide had to physically step in between the two men to prevent the situation from intensifying.
White House Press Secretary Karoline Leavitt downplayed the incident, telling the New York Times that “disagreements are a normal part of any healthy policy process,” and that “ultimately, everyone knows they serve at the pleasure of President Trump.”
Bessent ultimately came out on top, with Shapley replaced by Faulkender just days after the appointment.
“Trust must be brought back to the IRS, and I am fully confident that [Deputy Secretary] Michael Faulkender is the right man for the moment,” Bessent said on X Friday afternoon.
“Gary Shapley’s passion and thoughtfulness for approaching ways to create durable and lasting reforms at the IRS is essential to our work, and he remains among my most important senior advisors at the [US Treasury] as we work together to rethink and reform the IRS.”
The altercation highlights long-standing tensions between Musk and Bessent dating back to the presidential transition, when Musk unsuccessfully pushed for Howard Lutnick to lead the Treasury Department. Trump instead appointed Bessent and nominated Lutnick to head the Commerce Department. Since then, Musk and Bessent have clashed repeatedly over personnel and policy, including Musk’s Department of Government Efficiency cost-cutting initiative, which Bessent claimed has failed to deliver on its promises.
