In a letter to Sen. Ron Wyden (D-Ore.), who requested an analysis of the budget law’s impact on Social Security’s trust funds ...

As the Trump administration says it's continuing its effort to reduce waste, fraud and abuse in the federal government ...

Converting Social Security into millions of individual investment accounts would end the program as we know it Treasury Secretary Scott Bessent set off a firestorm this week when he said that the ...

Treasury Secretary Scott Bessent's recent comments about using Trump Accounts as a backdoor for privatizing Social Security ...

Cue the inevitable cleanup. Both Bessent and White House press spokeswoman Karoline Leavitt quickly said that these accounts would be a "supplement" to Social Security, not a replacement for it.

Bessent was more right the first time, only I would suggest tackling Social Security head on. If done right, private ...

Specifically, opposition to Social Security privatization has been an important part of the AARP's advocacy. The AARP’s ...

Treasury Secretary Scott Bessent triggered backlash after suggesting that newborn Trump accounts could double as a "backdoor" that could privatize the system. Rohit Chopra and Max Chafkin discuss on ...

Treasury Secretary Scott Bessent is trying to walk back comments that Trump savings accounts for newborns could be a ...

Treasury Secretary Scott Bessent said Wednesday that President Donald Trump's new children's savings program "is a back door ...

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." ...

The pushback was so fierce that Bessent backpeddled immediately, both on cable news and social media. The Trump Accounts, he ...