WASHINGTON—Treasury Secretary Scott Bessent said at a press conference on Wednesday at the Treasury Department that tax-advantaged Trump Accounts for America’s youth will be “transformative” in furthering financial literacy in response to a question from Breitbart News.
Breitbart News received the first question during the question-and-answer period after the secretary unveiled the launch of the Trump Accounts website and announced the “50 State Challenge,” encouraging philanthropists across the country to seed Trump Accounts which can be established for children beginning July 5, 2026, through IRS Form 4547.
“Mr. Secretary… Can you explain…
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