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flag Bessent urges Americans to avoid lotteries and crypto to promote financial literacy.

flag Treasury Secretary Scott Bessent is urging Americans to avoid get-rich-quick schemes like lotteries and speculative crypto, emphasizing financial literacy and long-term saving. flag Speaking during Financial Literacy Month, Bessent, a former hedge fund manager, highlighted the importance of budgeting and compound interest. flag He has prioritized outreach to retirees and students, though his efforts come amid rising national debt and declining public confidence in the administration's economic policies.

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