Bessent

Trump Accounts could grow into retirement savings: Bessent says child accounts may complement Social Security

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Scott Bessent says Trump Accounts could boost retirement savings alongside Social Security. (AP Photo)

US Treasury Secretary Scott Bessent said the child savings accounts known as Trump Accounts could work alongside Social Security and help improve retirement security for younger Americans. Scott Bessent says Trump Accounts could boost retirement savings alongside Social Security. (AP Photo) Bessent said the accounts could give children a separate pool of money that may … Read more

Bessent says G20 countries should also use tariffs to protect their industries from cheap imports

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Bessent says G20 countries should also use tariffs to protect their industries from cheap imports

ASHEVILLE, N.C. — Treasury Secretary Scott Bessent says he’s urging some of his G20 counterparts to take a page from the Trump administration’s playbook of using tariffs and other measures to crack down on trade imbalances. Bessent says G20 countries should also use tariffs to protect their industries from cheap imports Bessent told reporters that … Read more