Treasury Secretary Bessent Clarifies Social Security Privatization Comments

1 min read
Source: ABC News
Treasury Secretary Bessent Clarifies Social Security Privatization Comments
Photo: ABC News
TL;DR

Treasury Secretary Scott Bessent attempted to clarify his comments suggesting that the Trump savings accounts for newborns could serve as a 'back door' to privatize Social Security, prompting criticism from Democrats and advocacy groups who oppose privatization efforts.

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