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

The children's savings program included in President Donald Trump's tax break-and-spending cut law “is a back door for ...

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 ...

Scott Bessent is staying on the job at a pivotal point for Trump’s agenda

Scott Bessent is laser-focused on one thing he can do as treasury secretary: lift the economy so that Wall Street and Main Street perform equally well.

Trump Is Removing I.R.S. Chief 2 Months After He Was Confirmed

Billy Long, a former Republican congressman, will no longer serve as the tax agency’s head. Treasury Secretary Scott Bessent ...

Trump drops IRS commissioner after less than two months in role

Billy Long will be the shortest-tenured head of the US tax agency confirmed by the Senate since the position was created in ...

Bessent says market expects Fed to cut rates this year: 'substantial probability'

Treasury Secretary Scott Bessent said financial markets are pricing in a high likelihood of the Federal Reserve cutting ...

Treasury Secretary Says Trump Accounts Could Pave Way to Privatizing Social Security

Treasury Secretary Scott Bessent’s comments about the safety net program ventured onto the so-called third rail of American ...