Treasury Secretary Bessent Criticized Over Social Security Privatization Comments

1 min read
Source: Axios
Treasury Secretary Bessent Criticized Over Social Security Privatization Comments
Photo: Axios
TL;DR Summary

Treasury Secretary Bessent sparked controversy by suggesting that new Trump baby accounts could serve as a 'backdoor' to privatize Social Security, prompting criticism from Democrats and social security advocates, despite the White House's assurances of protecting the program.

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