Add Yahoo as a preferred source to see more of our stories on Google. Donald Trump and Elon Musk have supported privatizing the US Postal Service. Trump has also suggested merging the USPS with the ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Illustration ...

Scott Bessent, President Donald Trump’s Treasury Secretary, said at a Breitbart event Wednesday that the “Trump Accounts” created by the “Big Beautiful Bill” are a “backdoor to privatizing social ...

Fiserv CEO Frank Bisignano is scheduled to face questions Tuesday from senators on his nomination to serve as Social Security commissioner. Ahead of that hearing, Democratic Sens. Elizabeth Warren and ...

Treasury Secretary Scott Bessent is working to clarify recent remarks about the Trump administration’s new savings accounts for newborns, after his comments ignited criticism from Democratic lawmakers ...

Social Security is the bedrock of the American retirement system. Although it was never intended to fully cover the expenses of retirees, many Americans unfortunately find themselves in this situation ...

Trump administration talk of transforming the U.S. Postal Service has set off a flurry of concerns about the future of the federal mail agency. The new leader of USPS is now trying to clear the air.

WASHINGTON — Treasury Secretary Scott Bessent said Wednesday that the Trump administration was committed to protecting Social Security hours after he said in an interview that a new children's savings ...

There’s a nihilistic attitude that permeates the Republican Party these days, an apparent belief that nothing matters anymore. Iowa Sen. Joni Ernst said it best when speaking to her constituents about ...

Both President Donald Trump and Elon Musk have expressed interest in privatizing the US Postal Service, an idea that has long been popular in conservative circles. Such a move, however, could have ...