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Scott Bessent: “The Trump accounts are a supplement, not a substitute [to Social Security].”

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

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JUST IN: Scott Bessent Holds Press Briefing To Promote Trump Accounts In Harrisburg, Pennsylvania

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And do you support cuts to Social Security? Well, first of all, unequivocally, no cuts in Social Security. And I believe that they are the ideal complement. The Trump accounts are a supplement, not a substitute [to Social Security]. Because if we think about what is Social Security, Social Security is a baseline defined pension, defined benefits program, and those who have paid into the program receive the monthly payments. (23:45–23:49)

STATEMENT

Asserts that Trump accounts are meant to supplement Social Security, not replace it.

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Scott Bessent

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