scott bessent white house

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Bessent, Social Security

Bessent tries to walk back comments suggesting Social Security could be privatized

Treasury Secretary Scott Bessent is trying to walk back comments that Trump savings accounts for newborns could be a "backdoor" to start privatizing Social Security.

Associated Press News on MSN · 5d

Bessent says new Trump child savings accounts are ‘back door for privatizing Social Security’

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 tax package as a “back door for privatizing Social Security.

POLITICO on MSN · 4d

Leavitt cleans up Bessent’s Social Security privatization comments: ‘Supplement, not substitute’

Press secretary Karoline Leavitt said Trump will protect Social Security, after Bessent said newborn accounts are a “backdoor for privatizing” it.

Slingshot News on MSN2d

'No!': Treasury Sec. Scott Bessent Smirks While Claiming He Would Take Healthcare From Millions In House Hearing

Treasury Secretrary Scott Bessent smirked while claiming that he would take healthcare away from millions of people by voting ...

4don MSN

White House insists Trump newborn accounts won’t ‘substitute’ Social Security

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." ...

12don MSN

Bessent: Trump ‘not going to fire’ Powell

Treasury Secretary Scott Bessent on Wednesday insisted that President Trump isn’t going to fire Federal Reserve Chair Jerome ...

Opinion

Slingshot News on MSN3dOpinion

'Breathing New Life Into The Economy': Revisiting Sec. Scott Bessent's Big Lie About The Trump Economy During His House Testimony

Secretary 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 ...

8don MSN

US and China to talk in Stockholm on trade with eye on Trump-Xi summit later this year

U.S. and Chinese officials are meeting in Stockholm to discuss trade tariffs and a potential summit between their leaders.

13don MSN

Bessent backs Fed independence on rates amid Trump criticism

Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve after getting caught in the ...

13don MSN

Bessent calls for internal review of Fed but doesn't think Powell needs to step down

Treasury Secretary Scott Bessent is taking aim at the Federal Reserve and the rules the Fed enforces as a supervisor of big ...

14don MSN

Treasury Secretary Bessent calls for a review of ‘the entire' Federal Reserve

In a CNBC interview, Treasury Secretary Scott Bessent suggested for a review of the Federal Reserve that would go beyond the ...

Opinion

17dOpinion

Scott Bessent debt plan has awkward historic echo

The US Treasury secretary expects tariffs and growth to boost government revenue, while banks and monetary innovation keep borrowing costs in check. The scheme evokes the 18th-century Scottish ...

Slingshot News on MSN1d

'I Don't Think That's An Accident': Rep. Bill Foster Exposes The Incompetence Of Republican Administrations During Scott Bessent Hearing

During a recent House Financial Services Committee hearing, Congressman Bill Foster (D-IL) pressed Treasury Secretary Scott Bessent on the incompetence of Republican administrations, who have ...

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