"Bessent, whose estimated net worth is in the hundreds of millions, was at the World Economic Forum in Davos, Switzerland, talking with Fox host Maria Bartiromo about how the administration will protect "mom and pop" landlords from large investment groups. "Someone, maybe your parents for their retirement have bought 5, 10, 12 homes," Bessent said, describing those "mom and pop" landlords."
"Buttigieg brought up how Republicans in the Senate aren't passing legislation to extend tax credits for certain health care plans into the new year, which means that many people will see their premiums increase dramatically. He suggested that the president could push Senate Republicans to vote for such legislation, but has not yet done so. "Again, the president could dramatically lower health insurance premiums TODAY with one phone call to Senate leadership, but he refuses. Meanwhile, at Davos...." Buttigieg wrote on social media, sharing the video of Bessent."
Scott Bessent, identified as a former hedge fund manager with an estimated net worth in the hundreds of millions, commented at Davos that "someone, maybe your parents for their retirement have bought 5, 10, 12 homes" while discussing protections for "mom and pop" landlords. Pete Buttigieg mocked that characterization and contrasted it with the White House not pressing Senate Republicans to extend tax credits for certain health plans. Buttigieg asserted the president could lower health insurance premiums immediately with a single phone call to Senate leadership but has not done so. Census and builder association figures on home ownership and second homes are cited.
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