Treasury Secretary Scott Bessent outlines Trump's vision for faster Social Security payments

Treasury Secretary Scott Bessent described the Trump administration’s sweeping strategy to enhance Social Security, highlighting “responsibility” and “effectiveness” as essential pillars in a strategy intending to provide advantages quicker and lower scams danger.

” The American individuals chose President Trump and chose responsibility. Whether it’s DOGE, whether it is our efforts at [the] Treasury and the internal revenue service, we are bringing responsibility and effectiveness in,” Bessent informed “The Story” host Martha MacCallum on Wednesday.

” We wish to make things much better. They have for the American individuals. We wish to make sure that they get whatever that they have actually paid in, and their advantages exist when they require them, as they require them.”

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President Donald Trump provided an executive order Tuesday, getting in touch with the federal government to move to electronic payments from paper checks by the end of September to lower scams threats and “unneeded expenses.”

” If they have the ability to enter an electronic payment system, they [checks] are a lot more protected. They come previously, and they are ensured,” Bessent included.

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His remarks begin the heels of Senate Minority Leader Chuck Schumer, D-N.Y., declaring throughout a Wednesday interview that elders are “not getting the assistance they require to get their checks.”

Schumer in addition declared Republicans prepare to “ruin” Social Security from within by making it “impracticable” and “ineffective” and produce a reason to privatize the program.

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Bessent slammed the remarks as “method off base.”

“[He] appears a little discombobulated nowadays. He did the ideal thing by passing the tidy CR recently. He’s taken a great deal of shrapnel from his celebration, and severe declarations like this are not valuable for anybody,” he stated.