Billy Long, who was sworn in just under two months ago, was already the sixth person to hold the job this year. He told NBC ...

U.S. Treasury Secretary Scott Bessent on Wednesday likened new savings accounts in a bill President Donald Trump this month signed into law to "a backdoor for privatizing Social Security ...

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 ...

Bessent says child savings accounts in Trump law are ‘a back door for privatizing Social Security’ by: MICHELLE L. PRICE and LISA MASCARO, Associated Press Posted: Jul 30, 2025 / 02:23 PM CDT ...

Treasury Secretary Scott Bessent insisted Wednesday that President Trump isn’t going to fire Federal Reserve Chair Jerome Powell, but he suggested the pressure on the Fed to lower interest rates ...

Bessent made the comments in an interview with Breitbart while he was speaking at length about the importance of financial literacy. "But in a way, it is a back door for privatizing Social ...

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.” The ...