Converting Social Security into millions of individual investment accounts would end the program as we know it.

Treasury Secretary Scott Bessent is trying to walk back comments that Trump savings accounts for newborns could be a ...

“In a way, it is a backdoor for privatizing Social Security,” Bessent said at a Breitbart event in Washington, Politico ...

Bessent was more right the first time, only I would suggest tackling Social Security head on. If done right, private ...

Specifically, opposition to Social Security privatization has been an important part of the AARP's advocacy. The AARP’s ...

Treasury Secretary Scott Bessent's recent comments about using Trump Accounts as a backdoor for privatizing Social Security ...

Treasury Secretary Scott Bessent said Wednesday that President Donald Trump's new children's savings program "is a back door for privatizing Social Security," a remark at a Breitbart News forum that ...

Treasury Secretary Scott Bessent said Wednesday that the Trump administration was committed to protecting Social Security hours after he said in an interview that a new children’s savings program ...

Cue the inevitable cleanup. Both Bessent and White House press spokeswoman Karoline Leavitt quickly said that these accounts would be a "supplement" to Social Security, not a replacement for it.

Trump has justified tariffs on goods from Canada, the top U.S. export market, by accusing it of failing to stop the ...

The US has seen a drop in markets following lower openings in Europe and Asia after the US president said he was moving ...

The Bureau of Labor Statistics reported earlier on Friday that the US had added 73,000 jobs in July, far lower than expected.