In July, Treasury Secretary Scott Bessent admitted that the Trump Accounts are a “backdoor for privatizing Social Security.” After realizing his mistake, Bessent did desperate damage control on his comments. To rub salt in the wound, Social Security Administration Commissioner Frank Bisignano also said that he would consider raising the retirement age. 

Seniors are already being stretched thin under Donald Trump’s leadership. The Social Security Administration’s annual cost-of-living adjustment for 2026 won’t even come close to covering the rising costs for seniors, thanks to Trump’s reckless tariffs. After consistently promising to keep Social Security “100% safe,” Trump’s billionaire-first agenda closes nursing homes and hospitals and makes it more difficult for seniors to access the benefits that they worked their whole lives to earn. Trump cannot be trusted to care for our nation’s seniors — his priorities have always been enriching himself and lining the pockets of his ultrawealthy donors at the expense of everyday Americans.