A Bad Tax Break for Foreign Lawsuit Funders National Review By: David Malpass & James Carter Β· David Malpass and James Carter 13 October 2026 at 12:30 Congress should close the capital-gains loophole that rewards foreign money for funding suits against American companies. Β© Jonathan Ernst/ReutersTreasury Secretary Scott Bessent testifies before a House Appropriations Financial Services Subcommittee oversight hearing on Capitol Hill in Washington, D.C., May 6, 2025.