News

White House insists Trump newborn accounts won’t ‘substitute’ Social Security
The White House is walking back Treasury Secretary Scott Bessent‘s claim that President Donald Trump‘s accounts for newborns ...
Watch CNBC's full interview with Treasury Secretary Scott Bessent
Treasury Secretary Scott Bessent joins 'Power Lunch' to discuss the latest news regarding trade negotiations. Princess ...
Bessent tries to walk back comments suggesting Social Security could be privatized
Treasury Secretary Scott Bessent is trying to walk back comments that Trump savings accounts for newborns could be a ...
Leavitt cleans up Bessent’s Social Security privatization comments: ‘Supplement, not substitute’
Press secretary Karoline Leavitt said Trump will protect Social Security, after Bessent said newborn accounts are a “backdoor ...
Bessent says new Trump child savings accounts are 'back door for privatizing Social Security'
Treasury Secretary Scott Bessent said Wednesday that the Trump administration was committed to protecting Social Security ...
Bessent says child savings accounts in Trump law are ‘a 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 ...
Trump child savings a/cs back door for privatising Social Security: Bessent
Treasury Secretary Scott Bessent said Wednesday that the Trump administration was committed to protecting Social Security ...
Bessent eyes government review of Federal Reserve as Trump weighs firing Powell
An examination of the Fed is necessary to determine why members have proved unable to “break out of a certain mindset,” Bessent said.
Bessent backs Fed independence on rates amid Trump criticism
Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve after getting caught in the ...
Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance
"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told ...
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Treasury Secretary Scott Bessent was the one who stopped Trump from firing Powell
In a shocking turn of events, turns out Treasury Secretary Scott Bessent is the reason Jerome Powell still has a job today. While the White House was stirring ...