In Harrisburg, U.S. Treasury secretary says ‘Trump Accounts’ won’t replace Social Security

AI Summary

U.S. Treasury Secretary Scott Bessent said in Harrisburg that Trump Accounts would not replace Social Security. He has faced criticism over a remark that the accounts could provide a back door to privatizing the program.

Scott Bessent came under fire when he said the Trump Accounts could be "a back door for privatizing Social Security.”