Featured Work, MAGA Economics, Press Releases
Watchdog: With a Billionaire Hedge Fund Manager Now Running the U.S. Treasury, American Workers’ Stock Plummets
Washington D.C. – Tonight, the Republican-led U.S. Senate confirmed billionaire Wall Street hedge fund manager Scott Bessent as President Trump’s next U.S. Treasury Secretary. Bessent is a vocal advocate for extending the deficit ballooning, trickle-down Trump tax scam that overwhelmingly benefits big corporations and the super wealthy like himself, as well as the Trump national sales tax plan expected to spike prices and leave the typical U.S. family paying as much as $3,900 more annually.
“Donald Trump spent months promising American workers they’d have no greater friend and advocate than him. But his first order of business as President-elect was to nominate a stack of corporate lobbyists, billionaire donors, and Wall Street insiders like Scott Bessent to carry out a wealthy-first, workers-last agenda,” said Accountable.US Executive Director Tony Carrk. “Another giant Trump tax giveaway to price-gouging corporations won’t lift up working people, but it will put Social Security and Medicare at risk. A national Trump sales tax won’t be much help to working families when it results in thousands of dollars in extra costs every year. Bessent is so enthusiastic about the Trump trickle-down economic plans because it keeps the system rigged in favor of wealthy insiders like him, while everyday Americans pay the price.”
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