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Trump, Scott Bessent and Social Security

Politico · 24m

Bessent hails new ‘Trump accounts’ as ‘backdoor for privatizing Social Security’

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

HuffPost on MSN · 4h

Scott Bessent Calls New Tax Policy 'Backdoor For Privatizing Social Security'

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.

Reuters on MSN · 7h

Bessent calls Trump baby accounts 'backdoor for privatizing Social Security'

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," speaking at an event sponsored by Breitbart.

US warned China on purchasing Russian oil, Bessent says

US Treasury Secretary Scott Bessent warns China on Russian oil purchases that could bring 100% tariffs

Wrapping up two days of US-China trade talks in Stockholm, Bessent said he also expressed US displeasure at China's continued purchases of sanctioned Iranian oil, and its sales of over $15 billion worth of dual-use technology goods to Russia that have bolstered Moscow's war against Ukraine.

The US warned China on purchasing Russian oil, Bessent says

U.S. Treasury Secretary Scott Bessent on Tuesday (July 29) said he warned Chinese officials that continued purchases of sanctioned Russian oil would lead to big tariffs due to legislation in Congress,

US warns China 'should be ready' to face 100% tariffs over Russian oil purchases

"I think anyone who buys sanctioned Russian oil should be ready for this," U.S. Treasury Secretary Scott Bessent said.

13h

Bessent tells countries don’t ‘panic’ if trade deals aren’t made before tariff deadline, insists US has leverage over China

The Treasury head said recent trade deals announced by the US — including with the European Union and Japan — created a “lot ...

12hon MSN

Bessent says ‘not to panic' over tariff rate surges on Aug. 1

Treasury Secretary Scott Bessent’s remarks are unlikely to reassure investors and businesses bracing for President Donald ...

15h

Bessent Not Expecting a Fed Rate Cut Today, Urges ‘Imagination’

Treasury Secretary Scott Bessent said he’s not expecting the Federal Reserve to cut interest rates Wednesday, while calling ...

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