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Bessent says new Trump child savings accounts are 'back door for privatizing Social Security'
Treasury Secretary Scott Bessent said Wednesday that the Trump administration was committed to protecting Social Security hours after he said in an interview that a new children's savings program President Donald Trump signed into law “is a back door for privatizing Social Security.
In a CNBC interview, Treasury Secretary Scott Bessent suggested for a review of the Federal Reserve that would go beyond the ...
Treasury Secretary Scott Bessent has been criticized by Democrats after he said the new Trump newborn accounts are a "backdoor way to privatize Social Security." ...
U.S. and Chinese officials are meeting in Stockholm to discuss trade tariffs and a potential summit between their leaders.
Bessent reiterated that the White House is “not looking to fire” the Fed chair — despite Trump’s barrage of attacks on “Too Late” Powell for not slashing interest rates from their ...
President Donald Trump’s deadline for tariffs was postponed twice. It is now Aug. 1, but Bessent claimed the deadline is not the most important part.
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'Breathing New Life Into The Economy': Revisiting Sec. Scott Bessent's Big Lie About The Trump Economy During His House TestimonySecretary Scott Bessent told a big lie during his recent House testimony, stating that President Donald Trump is 'breathing new life into the economy.' The Dow Jones suffered losses due to Trump's ...
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