In a historic first, President Donald J. Trump today rang the opening bells of both the New York Stock Exchange and NASDAQ from the Oval Office, marking the official launch of Trump Accounts and igniting a new era of American prosperity for millions of children.
Created under President Trump's Working Families Tax Cuts Act, Trump Accounts give every American child a powerful, tax-advantaged path to build generational wealth and own a direct stake in the greatest economy on Earth.
Key leaders from government and the private sector joined President Trump to herald the milestone:
President Trump: "With the ringing of the opening bell for the stock market, [Trump Accounts] will now begin to grow right along with our booming economy… Between individual contributions and the seed funds, $800 million in new capital will be invested in the stock market for America's children this week."
Secretary of the Treasury Scott Bessent: "The American Dream belongs to every child, and today we are equipping the next generation with the right to claim their rightful share of it. Through Trump Accounts, President Trump is creating an ownership economy where all citizens become shareholders. 38% of American families do not have any exposure to our great equity markets, but with Trump Accounts, over time, we can get that number to zero."
