Officials from the Nasdaq and the New York Stock Exchange plan to ring the opening bell from the Oval Office to mark the launch of Trump Accounts for minors, top White House economic adviser Kevin Hassett announced. “We’re having a big opening bell ceremony next week, where Nasdaq and the New York Stock Exchange are going to ring the bell from the Oval for the first time together,” Hassett said Monday on CNBC. “They’re doing that to celebrate the accounts to make sure everybody knows it’s time to get an account for your kid, even if it’s not born this year.”
The tax-advantaged savings accounts that President Donald Trump previously announced will launch on July 4. Every US citizen born between 2025 and 2028 — the time period covering his second term — can receive an initial $1,000 investment from the US government, but older children can also use the accounts. Certain other children may be eligible for a $250 contribution from Dell Technologies Inc. The White House did not immediately respond to a request for comment on the plans. Trump rang the bell from the NYSE in December 2024 before taking office for the second time.
Key Takeaways
- Officials from the Nasdaq and the New York Stock Exchange plan to ring the opening bell from the Oval Office to mark the launch of Trump Accounts for minors, top White House economic adviser Kevin Hassett announced.
- “We’re having a big opening bell ceremony next week, where Nasdaq and the New York Stock Exchange are going to ring the bell from the Oval for the first time together,” Hassett said Monday on CNBC.
- “They’re doing that to celebrate the accounts to make sure everybody knows it’s time to get an account for your kid, even if it’s not born this year.” The tax-advantaged savings accounts that President Donald Trump previously announced will launch on July 4.
- Every US citizen born between 2025 and 2028 — the time period covering his second term — can receive an initial $1,000 investment from the US government, but older children can also use the accounts.
- Certain other children may be eligible for a $250 contribution from Dell Technologies Inc.
Insights & Analysis
- Every US citizen born between 2025 and 2028 — the time period covering his second term — can receive an initial $1,000 investment from the US government, but older children can also use the accounts.
- Certain other children may be eligible for a $250 contribution from Dell Technologies Inc.