Bessent provides a Trump Account update.
18 segments
One of the goals of the Trump accounts
is the chance to build long-term wealth.
This is a lowest cost index fund.
Children who were born during President
Trump's term will get a thousand dollars
seed investment. We've got about six
million sign-ups so far, about 1.4
billion eligible for the thousand
dollars seed. Susan and Michael Dell
have contributed 6.25 billion dollars as
of about 250 dollars per child. One of
the founders of SpaceX had contributed
two million of her share.
Philanthropists can, you know, at a
certain level contribute single single
stock block. And you know, I think it's
the importance here of financial
literacy.
Ask follow-up questions or revisit key timestamps.
The video discusses the Trump accounts initiative, an index fund aimed at building long-term wealth for children born during the Trump administration through seed investments and philanthropic contributions.
Videos recently processed by our community