The usual suspects from the biased media and the Democrat party are in a frenzy over a remark made by Treasury Secretary Scott Bessent at a Breitbart News event on Wednesday concerning Social Security. He mentioned that the Trump administration’s new child savings accounts, introduced in the “One Big Beautiful Bill,” might serve as an indirect way to privatize Social Security.
Cue the hysteria!
It appears as though a directive was sent out by the DNC urging media outlets and the left to consistently emphasize “the quiet part out loud.” Numerous posts shared remarkably similar language, and true to form, the American Federation of Teachers joined the fray (despite the unclear connection to education or teaching).
Scott Bessent just said the quiet part out loud. The Trump administration is scheming to privatize Social Security. https://t.co/ss0JDuf0cn
— AFT (@AFTunion) July 31, 2025
The only little problem with their little fearmongering narrative? It’s not what he meant, and they know it, as Breitbart explained.
However, this interpretation of Bessent’s comment was deliberate distortion. The Trump Accounts are designed to complement Social Security, not replace it. They aim to enhance Social Security’s role by boosting the wealth available to retirees, improving the financial security for Americans.
White House Press Secretary Karoline Leavitt further pulverized the left’s hot take:
“What the Treasury Secretary was emphasizing, and what this administration stands by, is that these Trump newborn accounts — a highly innovative and beneficial measure included in the One Big Beautiful Bill for new children and families — are meant to support and not replace Social Security,” Leavitt explained during Thursday’s press briefing.
