The U.S. Treasury is now working on ways to use blockchain for payments and decentralized computing, according to Treasury ...

Treasury Secretary Scott Bessent is trying to walk back his suggestion that the so-called Trump savings accounts for newborns ...

The Social Security programme has long been known as the “third rail” in American politics, after the electrified third rail ...

Converting Social Security into millions of individual investment accounts would end the program as we know it Treasury Secretary Scott Bessent set off a firestorm this week when he said that the ...

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

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 and President Trump took swings at India as a tariff deadline nears for the country. “India ...

Treasury Secretary Scott Bessent on Friday asserted that the U.S. has entered the “golden age of crypto” under the leadership ...

The pushback was so fierce that Bessent backpeddled immediately, both on cable news and social media. The Trump Accounts, he told CNBC, would be a “supplement to Social Security ...

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 ...

Treasury Secretary Scott Bessent has been criticized by Democrats after he said the new Trump newborn accounts are a "backdoor way to privatize Social Security." ...

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.