“Despite their repeated claims they wanted to protect Social Security, the Trump administration said the quiet part out loud,” said one critic in response to the billionaire treasury secretary’s candid comments. U.S. Treasury Secretary Scott Bessent on Wednesday admitted that a provision in Republicans’ One Big Beautiful Bill Act is a mechanism for privatizing Social […]
“Trump and his billionaire Cabinet have their priorities backwards. Instead of focusing on lower costs and higher wages, they’re only trying to line their own pockets while breaking promises to working families,” said one critic. Scott Bessent, a hedge fund manager and U.S. President-elect Donald Trump’s pick for treasury secretary, indicated during his confirmation hearing […]
Scott Bessent’s “3-3-3” agenda “requires brutal cuts to health and nutrition and higher costs for families at the grocery store,” said analysts at the Center for American Progress. At his confirmation hearing on Thursday, hedge fund manager and U.S. treasury secretary nominee Scott Bessent told the Senate Finance Committee that at the helm of the […]