Scott Bessent: “20 states so far that I think are going to add to these…”

“They'll sit around the dining room table. Their families will add to it. Many states are going to top these up. So we've got 20 states so far that I think are going to add to these [Trump accounts]. And I do think it is a new kind of philanthropy because now we have all these foundations, a lot of them do good work, but there's a lot of bureaucracy.” (36:24–36:30)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.