The Treasury Secretary has described new savings account for young Americans as a "backdoor for privatizing Social Security." ...

Trump accounts, Treasury Secretary Scott Bessent said, would make “everyone a shareholder” in the success of the economy.

U.S. Treasury Secretary Scott Bessent on Wednesday described the tax bill President Donald Trump signed into law this month as a way of eventually privatizing Social Security.

U.S. Treasury Secretary Scott Bessent on Wednesday likened new savings accounts in a bill President Donald Trump this month ...

Scott Bessent, Donald Trump’s Treasury Secretary, let the cat out of the bag when he said that their new “Trump Accounts” are ...

The Treasury secretary has a really strange way of convincing people it’s “ridiculous” to think the program is under threat.

Bessent was more right the first time, only I would suggest tackling Social Security head on. If done right, private retirement accounts for kids could provide a far more dignified retirement than ...

That’s part of the plan too. Back in 1981, Reagan proposed major cuts to Social Security. But he largely abandoned his plans after a sharp backlash. This led the libertarians at the Cato Institute to ...

Treasury Secretary Scott Bessent is trying to walk back his suggestion that the so-called Trump savings accounts for newborns could be a "back door" to start privatizing Social Security. Bessent ...

Treasury Secretary Scott Bessent said that the Trump administration was committted to protecting Social Security hours after he described a children's savings program in President Trump's recent ...

Treasury secretary Scott Bessent has been forced to reassure Americans that the new “Trump accounts” created by the president’s megabill are not a way to eventually privatize Social Security ...

Treasury Secretary Scott Bessent said Wednesday that the so-called “Trump accounts” created by the One Big Beautiful Bill Act could be a “backdoor for privatizing Social Security.” ...