U.S. Treasury Secretary Scott Bessent said he anticipates more billionaires, foundations, and corporations will contribute to the new “Trump accounts”—investment accounts for 25 million American children born between 2025 and 2028.
🔹 A New “Shareholder Economy”
Bessent said the initiative could help children from all backgrounds participate in wealth creation traditionally reserved for higher-income families.
The program has already received a major boost:
- Michael & Susan Dell: $6.25 billion philanthropic pledge
- U.S. Treasury: $1,000 deposited for each eligible child
According to counselor Joseph Lavorgna, private donations could raise each child’s account to as much as $6,000. Contributions may also come from parents, guardians, employers, and other entities.
🔹 Growing Donor Interest
Lavorgna confirmed that additional donors have been identified and are deciding “how much and when” to give. Some funders may target specific states or school districts.
Bessent emphasized the transformative potential:
“This is the beginning of a shareholder economy.”
🔹 How It Works
- Accounts open July 4, 2026
- Funds must be invested in a broad market index fund
- Withdrawals allowed at age 18 for education, job training, first home, or starting a business
- Part of Trump’s One Big Beautiful Bill Act
Lavorgna added that the initiative teaches families about compound interest, helping them “take ownership in the American economy.”