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Democrats Assail Bessent on 'Privatizing' Social Security Remark
July 31, 2025 at 09:24 AM
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What You Need To Know
- Treasury Secretary Scott Bessent is coming under fire for remarks about so-called “Trump accounts” being a “backdoor for privatizing Social Security."
- Democrats characterize his comments as representing a secret plan to gut the program.
- Hours later, Bessent sought to clarify his remarks.
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