President Donald Trump launched a new investment program, Trump Accounts, designed to help children begin building long-term savings through stock market index investments. The program was created as part of the 2025 tax and spending legislation and aims to provide eligible children with investment accounts tied to broad stock market indexes.
Investing in the Future
Trump rang the ceremonial opening bells remotely for the New York Stock Exchange and the Nasdaq from the Oval Office, marking the launch of the program. He expressed confidence in the nation’s financial outlook, stating, “I think the market’s going to go through the roof.” The president believes the new accounts will help future generations build wealth by giving young Americans an early stake in the U.S. economy.
Treasury Secretary Scott Bessent noted that many households currently have little or no exposure to stock investments, with 38% of American families not having any exposure to the equity markets. The S&P 500 has seen significant gains in recent years, with a 17.9% increase in 2025, following annual returns of 25% in 2024 and 26.3% in 2023.
Original reporting: WOWO News/Talk (Fort Wayne) — read the source article.