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Scott Bessent: Trump Accounts Launch July 4 to Build Wealth for Every American Child
Posted
June 11, 2026
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June 11, 2026
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5:01
4:35Now PlayingScott Bessent announces the launch of Trump Accounts, set to begin on July 4th, designed to give every eligible child in America access to long-term savings and investment opportunities. The program includes foster youth and children under state guardianship, with states encouraged to direct additional benefits such as SSI and survivor funds into these accounts to help accelerate growth.
Speaking from the Treasury Department, Bessent highlights the initiative as a major step toward expanding financial independence and opportunity for vulnerable youth. He also recognizes state leadership, including Governor Jeff Landry of Louisiana, for early participation in the program.
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