The secretary of the Treasury, Scott Bessent, takes up the head of the Senate minority, Chuck Schumer, the assertion that President Donald Trump wants to “destroy” Social Security on “History”.
Treasury secretary Scott Bessent Described the Trump administration’s scanning plan to improve social security, emphasizing “responsibility” and “efficiency” as key pillars in a plan to offer benefits more quickly and reduce the risk of fraud.
“The American people voted for President Trump and voted for responsibility. Whether Doge, be our efforts to [the] Treasury and IRS, we bring responsibility and efficiency, “said Martha MacCallum, the host” history “of” history “on Wednesday.
“We want to improve things. They have for the American people. We want to make sure they get everything they have paid, and their advantages are there when they need it because they need it.”
Scott Bessent: Let’s talk about prices. It’s time to revitalize Alexander Hamilton’s favorite tool
The Treasury Secretary, Scott Bessent, talks to journalists outside the West wing after doing a television interview on the northern lawn of the White House on March 13, 2025 in Washington, DC. (Images Andrew Harnik / Getty)
President Donald Trump published an executive decree on Tuesday, calling on the federal government to move on to electronic payments of paper checks by the end of September to reduce the risk of fraud and “unnecessary costs”.
“If they are able to enter an electronic payment system, they [checks] are much safer. They come earlier and are guaranteed, “added Bessent.
The Social Security candidate, Frank Bisignano, promises to manage the agency and report to the president. Hillary Vaughn of Fox Business with the last.
His comments arise in the heels of the chief of the Senate minority, Chuck Schumer, DN.Y., affirming at a press conference on Wednesday that the elderly “do not obtain the help they need to obtain their checks”.
Schumer also claimed that the Republicans plan to “destroy” the social security of the interior by making it “impractical” and “ineffective” and to create an excuse to privatize the program.
Click here to get FOX business on the go
Bessent criticized the remarks as “Way Off Base”.
“”[He] Seems a little discombs these days. He did the right thing by passing the CR Clean last week. He has taken a lot of shells from his party, and extreme declarations like this are not useful for anyone, “he said.
