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Scott Bessent: “States can also help foster youth to accelerate their gains…”

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

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Treasury Secretary Bessent talks about setting up Trump accounts for foster children

Published | Video Starts at 01:23

When Trump accounts launch on July 4, every eligible child in America will be able to participate, including those for whom the state serves as a legal guardian. States can also help foster youth to accelerate their gains by directing survivor and SSI benefits into their Trump accounts. And at every step, treasury will provide expert guidance to child welfare agencies through a dedicated support line. Now, as we begin to enroll eligible foster youth across the country, I especially want to recognize Governor Jeff Landry for his leadership. (01:23–01:32)

CLAIM

Asserts that states can enhance foster youth gains by channeling survivor and SSI benefits into Trump Accounts.

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