By — Associated Press Associated Press Leave your feedback Share Copy URL https://www.pbs.org/newshour/politics/watch-trump-announces-eligible-u-s-children-automatically-enrolled-in-trump-accounts Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter WATCH: Trump announces eligible U.S. children automatically enrolled in Trump accounts Politics Oct 7, 2026 2:29 PM EDT President Donald Trump said Wednesday that 70 million children under the age of 18 will now have automatic "Trump Accounts" set up by the government to invest in stocks. Watch the full announcement in the video player above. Parents and legal guardians need formally claim the accounts by using the program's website or mobile phone app. Trump called the accounts "a passion of love" that promotes capitalism. WATCH: How 'Trump accounts' for children work, and who will benefit most The accounts were part of the 2025 tax overhaul and allow after-tax contributions of up to $5,000 a year, with the government seeding accounts with $1,000 for children born between 2025 and 2028. Trump says he has 'no regrets at all' about endorsing Paxton in Texas Senate race The president said Paxton is "a great attorney general" and that he thought he'd be "a great senator." In leaked, recent audio, Paxton, the Texas attorney general, was recorded as saying his campaign was being run by Washington, rather than himself. Trump's endorsement of Paxton helped him beat incumbent Republican Sen. John Cornyn in the GOP primary. But Paxton is now locked in a close race with Democrat James Talarico — even in America's largest reliably Republican state. Asked if he now regretted backing Paxton, Trump said that Paxton was "the best attorney general of the whole country." Trump says it's a 'great discredit' to the Nobel Peace Prize if he does not receive the award Ahead of the Nobel Peace Prize being announced, Trump said he deserved the award from the Norwegian Nobel Committee but, "They have a reputation for maybe not giving it to people like me." Trump, who launched a war in Iran this year, went through his accomplishments for which believed qualified him for the Nobel. He also noted that the 2025 winner, Venezuela's María Corina Machado, gave him her award. "Whether I get it or not, I have done far more," Trump said. "And I think it would be a great discredit to them" if he goes unrecognized. Trump says he could put a presidential retreat at his West Palm Beach golf club Trump said he would be willing to put a presidential retreat at his Trump International Golf Club in West Palm Beach, Florida because "it seems that all presidents play golf." "This wouldn't be for me," Trump said. "This would be for all future presidents." Trump said the location, which is near a public library, would be ideal because it's close to the airport and there are not houses or "high buildings" surrounding the greens. Trump says he expects Russia to share more on possible plague case "They're sharing it a little bit with our people. We expect them to share it a lot with our people," Trump told reporters at the White House on Wednesday, when asked if Russia has been sharing enough information on the death of a lab employee in Siberia. The president added that he had "just met with our people" to talk about the situation. "We have brilliant experts," Trump said. "They know everything about what's going on." Trump says he could cut ties with advisers over work in the Balkans during midterms Trump says he will press two of his top political advisers on their outside consulting work amid scrutiny over their efforts to help a pro-Russian government in the Balkans. The New York Times reported Tuesday that as Trump was campaigning last week ahead of next month's midterm elections, advisers James Blair and Chris LaCivita were in Bosnia-Herzegovina's Serb-majority entity of Republika Srpska assisting with local elections. "Chris LaCivita and James Blair are outside consultants," Trump wrote on his Truth Social site. "They are allowed to do work for others, just like all consultants in Washington, D.C." "I do not have any idea who else they work for but will, on reflection, ask them and, if there's a conflict, I will terminate them, immediately!" he wrote. Blair served as White House deputy chief of staff before departing to lead Trump's outside political operation. LaCivita was co-manager of his winning 2024 campaign. The two did not immediately respond to requests for comment. A free press is a cornerstone of a healthy democracy. Support trusted journalism and civil dialogue. Donate now By — Associated Press Associated Press
President Donald Trump said Wednesday that 70 million children under the age of 18 will now have automatic "Trump Accounts" set up by the government to invest in stocks. Watch the full announcement in the video player above. Parents and legal guardians need formally claim the accounts by using the program's website or mobile phone app. Trump called the accounts "a passion of love" that promotes capitalism. WATCH: How 'Trump accounts' for children work, and who will benefit most The accounts were part of the 2025 tax overhaul and allow after-tax contributions of up to $5,000 a year, with the government seeding accounts with $1,000 for children born between 2025 and 2028. Trump says he has 'no regrets at all' about endorsing Paxton in Texas Senate race The president said Paxton is "a great attorney general" and that he thought he'd be "a great senator." In leaked, recent audio, Paxton, the Texas attorney general, was recorded as saying his campaign was being run by Washington, rather than himself. Trump's endorsement of Paxton helped him beat incumbent Republican Sen. John Cornyn in the GOP primary. But Paxton is now locked in a close race with Democrat James Talarico — even in America's largest reliably Republican state. Asked if he now regretted backing Paxton, Trump said that Paxton was "the best attorney general of the whole country." Trump says it's a 'great discredit' to the Nobel Peace Prize if he does not receive the award Ahead of the Nobel Peace Prize being announced, Trump said he deserved the award from the Norwegian Nobel Committee but, "They have a reputation for maybe not giving it to people like me." Trump, who launched a war in Iran this year, went through his accomplishments for which believed qualified him for the Nobel. He also noted that the 2025 winner, Venezuela's María Corina Machado, gave him her award. "Whether I get it or not, I have done far more," Trump said. "And I think it would be a great discredit to them" if he goes unrecognized. Trump says he could put a presidential retreat at his West Palm Beach golf club Trump said he would be willing to put a presidential retreat at his Trump International Golf Club in West Palm Beach, Florida because "it seems that all presidents play golf." "This wouldn't be for me," Trump said. "This would be for all future presidents." Trump said the location, which is near a public library, would be ideal because it's close to the airport and there are not houses or "high buildings" surrounding the greens. Trump says he expects Russia to share more on possible plague case "They're sharing it a little bit with our people. We expect them to share it a lot with our people," Trump told reporters at the White House on Wednesday, when asked if Russia has been sharing enough information on the death of a lab employee in Siberia. The president added that he had "just met with our people" to talk about the situation. "We have brilliant experts," Trump said. "They know everything about what's going on." Trump says he could cut ties with advisers over work in the Balkans during midterms Trump says he will press two of his top political advisers on their outside consulting work amid scrutiny over their efforts to help a pro-Russian government in the Balkans. The New York Times reported Tuesday that as Trump was campaigning last week ahead of next month's midterm elections, advisers James Blair and Chris LaCivita were in Bosnia-Herzegovina's Serb-majority entity of Republika Srpska assisting with local elections. "Chris LaCivita and James Blair are outside consultants," Trump wrote on his Truth Social site. "They are allowed to do work for others, just like all consultants in Washington, D.C." "I do not have any idea who else they work for but will, on reflection, ask them and, if there's a conflict, I will terminate them, immediately!" he wrote. Blair served as White House deputy chief of staff before departing to lead Trump's outside political operation. LaCivita was co-manager of his winning 2024 campaign. The two did not immediately respond to requests for comment. A free press is a cornerstone of a healthy democracy. Support trusted journalism and civil dialogue. Donate now