President Donald Trump reaches after a child onstage at the U.S. Treasury Department's Trump Accounts Summit, in Washington on Jan. 28, 2026. Photo by Kevin Lamarque/ Reuters

Bessent says Trump Accounts app coming Thursday

Economy

Treasury Secretary Scott Bessent said during the Cabinet meeting on Wednesday that the app would launch "on all major platforms."

READ MORE: What experts want you to know about the Trump accounts and a new massive donation

A provision of Trump's tax legislation, Trump Accounts are meant to give $1,000 to every newborn, so long as their parents open an account. That money is then invested in the stock market by private firms, and the child can access the money when they turn 18.

Calling it a "great symbol of the 250th anniversary," Bessent said that "nearly 6 million kids" had been signed up for the accounts, which officially launch July 4.

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Bessent says Trump Accounts app coming Thursday first appeared on the PBS News website.

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