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Scott Bessent: “One out of every five seniors has been the subject of a…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Published | Video Starts at 10:57

… have a lot of financial education, we're working to make sure that our seniors for their retirement, they are in good shape. And more importantly, there's some terrible statistic that One out of every five seniors has been the subject of a financial scam. Yeah. In fact, we talk about scams on across the network, but the show's very interested in it. It is shocking how bad that is. (10:57–11:02)

CLAIM

Asserts that 20% of seniors have been victims of financial scams.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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