'Golden Age Of America Is Just Getting Started': US President Announces New 'Trump Accounts' Move
'Golden Age Of America Is Just Getting Started': US President Announces New 'Trump Accounts' Move Published By, Last Updated: July 04, 2026, 07:05 IST Trump
'Golden Age Of America Is Just Getting Started': US President Announces New 'Trump Accounts' Move Published By, Last Updated: July 04, 2026, 07:05 IST Trump said Americans support the initiative because it prioritises children, rewards success and promotes wealth creation for future generations. Rapid Read US President Donald Trump on Saturday announced that the Department of the Treasury will begin accepting philanthropic contributions of readily tradable, publicly traded stock to help fund “Trump Accounts" for eligible American children. In a post on Truth Social, Trump described the move as “another fantastic America First Victory" and said it would allow businesses, philanthropists and job creators to invest directly in the future of American children. “BIG NEWS! My Administration is delivering another fantastic America First Victory. The Department of Treasury will now accept philanthropic contributions of readily tradable Publicly Traded Stock to help fund TRUMP ACCOUNTS for eligible American children. This opens the door for GREAT American Businesses, Philanthropists, and Job Creators to invest directly in the future of our children, and help build a Generation of Savers, Investors, and Owners." Trump also claimed the initiative has received significant public interest even before its official rollout. “The response to TRUMP ACCOUNTS has been incredible – More than 6 MILLION TRUMP ACCOUNTS have already been requested before the Program has even launched." Praising the proposal, Trump said Americans support the initiative because it prioritises children, rewards success and promotes wealth creation for future generations.
“The American People LOVE this idea because it puts America’s children FIRST, rewards Success, and helps build Wealth for the next Generation. The Golden Age of America is just getting started! President DONALD J TRUMP." With this initiative individuals and businesses in the United States will now be able to donate publicly traded shares to Trump Accounts, the government-backed investment accounts introduced under President Donald Trump’s sweeping tax and immigration legislation. The initiative officially launches on Saturday, coinciding with celebrations marking the 250th anniversary of the United States. Under the program, the federal government will deposit $1,000 into an investment account for every eligible child born between 2025 and 2028. Several companies and philanthropic organisations have also pledged additional contributions. The US Treasury Department said donors will be able to transfer publicly traded stocks directly to the department, which will allocate the assets to eligible children’s accounts in accordance with the donor’s instructions, applicable laws and Treasury guidelines. “By accepting contributions of publicly traded stock, Treasury is creating a practical pathway for large-scale private giving to support the next generation," Treasury Secretary Scott Bessent said in a statement. Parents or legal guardians must voluntarily open the accounts by completing the IRS’s one-page Form 4547. The government will not create the accounts automatically, and the adult opening the account will decide how the funds are invested until the child reaches adulthood.
The BriefWire