
For the first time ever, the New York Stock Exchange and Nasdaq have jointly rung their bells from the White House.
President Trump rang the opening bells of both exchanges from the Oval Office on Monday, marking the official launch of Trump Accounts for children.
‘Children, at the age of 18 and after, become very wealthy people, come into the world with essentially no money and end up, at a pretty young age, being very rich.’
The accounts, created under the One Big Beautiful Bill Act, became available for contributions starting July 4 and are open to children who won’t turn 18 by year’s end.
Every eligible child gets a one-time $1,000 seed contribution from the federal government, and family or employers can add more, up to annual limits.
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