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One of President Donald Trump's closest advisors is now suggesting that most of the tens of millions of Americans who rely on Social Security wouldn't be concerned if they didn't receive their benefits.
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In one exchange, Lutnick — who has a net worth of approximately $2 billion according to Investopedia — suggested that the best approach to root out fraud within the Social Security Administration (SSA) was to "stop payments and listen." He also argued that only a "fraudster" would call the SSA if they missed their monthly Social Security payment.

"I describe it to people this way: Let's say Social Security didn't send out their checks this month. My mother-in-law, who is 94, she wouldn't call and complain. She just wouldn't. She'd think something got messed up, and she'll get it next month," said Lutnick, who paid for his 16,250 square-foot mansion with $25 million in cash. "A fraudster always makes the loudest noise, screaming, yelling and complaining."
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Lutnick's assertion that Social Security beneficiaries would be unbothered by a missed payment ignores the fact that for millions of recipients, those monthly benefits are critical. According to the Center on Budget and Policy Priorities, nearly four in 10 American adults aged 65 and up would have incomes below the official poverty line without Social Security. Alex Lawson, who is executive director of the advocacy group Social Security Works, told AlterNet that Lutnick's remarks reveal "the problem with government by the billionaires for the billionaires."