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Trump LIVE | US President’s Big Announcement At Treasury Department Summit | Tariff War | US News
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January 29, 2026
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8:20:25Now PlayingTrump LIVE | US President’s Big Announcement At Treasury Department Summit | Tariff War | US News
U.S. Department of the Treasury Summit takes place at the Andrew Mellon Auditorium. U.S. President Donald Trump delivers remarks on Trump Accounts, a provision of Trump’s tax legislation dubbed “The One Big Beautiful Bill.” The provision gives $1,000 to every baby born during the calendar years of the Trump administration, so long as their parents open an account. Parents can contribute up to $2,500 annually in pretax income. That money is invested in the stock market by private firms, and the child can only access the funds when turning 18 and for specific purposes. Critics say the accounts do little to help children in their early years, when they are most vulnerable and most likely to be in poverty, and will widen the wealth gap, with affluent families that can afford to make the maximum pretax contribution realizing the greatest benefits.
#live #trump #nickiminaj #usnews #scottbessent
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