On the record about
2 people · 10 quotes · 3 Jul 2026 to 24 Aug 2026
1 of 2 lane rests on fewer than 5 quotes and is marked thin. Offsets are days from the middle first-quote date, 3 Jul 2026 — a date, and nothing else. It is not a claim about who reached a view first.
Bessent reports over 6 million Trump accounts opened out of 70 million eligible children.
“Well, a couple of things. We've already got the over 6,000,000 accounts open, there are about 70,000,000 eligible children.”
Bessent says 38% of American households have no equity market investment and expects that to move toward zero.
“38% of American households have no investment in our great equity markets. And we want everyone to share in bounty that is The U. S.”
“We've already got the over 6,000,000 accounts open, there are about 70,000,000 eligible children. So we're off to a running start and getting that up.”
Bessent projects $1,000 Trump account seed could grow to $5,000 at age 18 and $300,000 to $500,000 at retirement.
“They could then roll it into an IRA that could be between 300 and $500,000 at retirement.”
Vance says Trump administration invests $1,000 in every newborn through Trump accounts.
“We have invested a thousand dollars in every new baby born in The United States Of America, thanks to Trump accounts, which we're very proud of.”
Vance announces the Trump administration has invested a thousand dollars in every new baby born in America through Trump accounts.
“We have invested a thousand dollars in every new baby born in The United States Of America, thanks to Trump accounts, which we're very proud of.”
Bessent says Trump Account dollars should work toward children's futures, not be diminished by unnecessary fees.
““Every dollar in a child’s Trump Account should be working toward that child’s financial future, not diminished by unnecessary fees,””
Bessent says Trump Account dollars should work toward children's financial future, not be diminished by unnecessary fees.
““Every dollar in a child’s Trump Account should be working toward that child’s financial future, not diminished by unnecessary fees,” said Treasury Secretary Scott Bessent”
Bessent announces State Street SPDR Portfolio S&P 500 ETF as default investment for all Trump Accounts.
“Treasury previously announced that State Street SPDR Portfolio S&P 500 ETF (SPYM) would be the default investment for all Trump Accounts.”
Bisignano warns small annual cost differences over decades meaningfully affect amounts available in adulthood.
““For a child investing over decades, even small differences in annual costs may have a meaningful effect on the amount available in adulthood,””