Treasury Secretary Scott Bessent said seven million children have enrolled in Trump Accounts since the program launched July 4, describing the investment accounts as a way to expand financial literacy by giving young Americans real-time experience with saving and investing.
Bessent outlined the program in remarks for a meeting of the Financial Literacy and Education Commission in the Treasury Department’s historic Cash Room. The commission met to discuss digital financial literacy and efforts to help Americans understand and safely navigate an increasingly technology-driven financial system.
“When the Trump Accounts program went live on July 4th, it became the most successful launch in government history,” Bessent said. “Today, 7 million children...
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