Democrats criticize Bessent for comments about Trump baby accounts being a way to privatize Social Security
Treasury Secretary Faces Criticism Over Social Security Remarks Treasury Secretary Scott Bescent is encountering significant backlash from Democratic lawmakers following his comments about “backdoors to privatize Social Security” made during a recent event. At an event with Breitbart News, Bescent discussed the “Trump Account,” which involves the government contributing $1,000 to savings accounts for children […]
Trump’s ‘Secret Method’ to Privatize Social Security
New Investment Accounts Could Impact Social Security Treasury Secretary Scott Bescent suggested that a new type of investment savings account for young Americans might pave the way for privatizing Social Security. During a recent event hosted by Breitbart, Bescent discussed the president’s proposal for “Trump Accounts,” which would offer $1,000 in government contributions to designated […]
Treasury secretary describes new Trump accounts as a hidden method to privatize Social Security.
Concerns Over Trump’s Proposed Account and Social Security Privatization Treasury Secretary Scott Bessent has drawn attention to former President Trump’s new proposal, which he described as akin to “a backdoor to privatizing Social Security.” Already, Democrats are mobilizing their political assaults. Bessent addressed this point during a policy discussion on Breitbart, highlighting that the federal […]
Treasury secretary claims Trump accounts are a way to privatize Social Security.
“In a way, it’s a backdoor way to privatize Social Security,” Treasury Secretary Scott Bescent said about a new $1,000 account for newborns associated with President Trump’s recent legislation. WASHINGTON – Treasury Secretary Scott Bescent has described a new savings account for American babies as a potential method to, in a sense, privatize Social Security. […]
National Urban League calls on Pulte to privatize Fannie Mae, Freddie Mac
The National Urban League is urging William Prute, director of the newly confirmed Federal Housing and Treasury Agency (FHFA) to complete the privatization of Fannie Mae and Freddie Mac. The two mortgage companies remained private until the 2008 housing market crisis, when they were placed under the reserve. It was supposed to be temporary until […]
Why the Trump Administration Won’t Privatize Fannie and Freddie
Legal Lymbo: Case for unilateral privatization of Fanny and Freddie Last week, the Trump administration It is unlikely that Fanny May and Freddie Mac will try one -sided privatizationIt is unknown that the federal housing and financial institutions established by the 2008 Housing Economic Recovery Law (HERA) can unilaterally relieve them from parents, so there […]
Trump Reportedly Looks To Privatize US Postal Service
President-elect Donald Trump is reportedly considering privatizing the United States Postal Service (USPS), three people familiar with the matter told The Washington Post in a report published Sunday. President Trump made clear his desire to separate the USPS from the federal government during a conversation at his Mar-a-Lago residence, officials said. ExitThat includes Howard Lutnick, […]
Democrats sound alarm about Dr. Oz's plan to privatize Medicare – Daily Kos
Sen. Elizabeth Warren and six other Democrats are demanding answers from Mehmet Oz, President-elect Donald Trump's nominee to oversee the Centers for Medicare and Medicaid Services. Their concerns revolve around his proposal to privatize Medicare and the conflicts of interest he would have if confirmed to lead a health organization that would oversee the nation's […]
Privatize the Secret Service | Blaze Media
Secret Service leadership has accomplished the unthinkable by uniting lawmakers across the political spectrum. As the Secret Service’s unimaginable incompetence and disorganization continues to unfold, Director Kimberly Cheatle made matters worse by interrupting Democratic and Republican lawmakers at a House oversight hearing on Monday. By adding seasoned professionals to protect high-quality candidates, the Secret Service […]