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Treasury Secretary Scott Bessent Says Young People Playing The Lottery 'Drives Me Crazy' — Urges Them To Invest And 'Watch It Grow'
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Treasury Secretary Scott Bessent Says Young People Playing The Lottery 'Drives Me Crazy' — Urges Them To Invest And 'Watch It Grow'

Yahoo Finance · Jun 7, 2026, 7:31 PM

Key takeaways

  • President Donald Trump may be into meme coins and speculative markets, but his Treasury secretary is repelled by the idea of chasing quick gains.
  • Young Americans turning to the lottery for quick gains frustrates him, Scott Bessent told the Associated Press.
  • "There are a lot of young people, mostly young men, going to blue-collar construction jobs, playing the lottery," Bessent said.

Treasury Secretary Scott Bessent Says Young People Playing The Lottery 'Drives Me Crazy' — Urges Them To Invest And 'Watch It Grow' Treasury Secretary Scott Bessent Says Young People Playing The Lottery 'Drives Me Crazy' — Urges Them To Invest And 'Watch It Grow' Fahad Saleem Mon, June 8, 2026 at 2:31 AM GMT+7 4 min read Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

President Donald Trump may be into meme coins and speculative markets, but his Treasury secretary is repelled by the idea of chasing quick gains.

Young Americans turning to the lottery for quick gains frustrates him, Scott Bessent told the Associated Press. He believes this mindset of chasing quick wins stands in the way of building real financial stability and long-term wealth.

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