60 million children the Treasury Department will automatically enroll in the government’s new Trump Accounts

Wow!

"The number of children that the Treasury Department will automatically enroll in the government’s new Trump Accounts as soon as this week, the agency said in rules published Tuesday. The auto-enrollment replaces the previous structure, which required parents or guardians to sign up."

"... The shift to automatic enrollment will ensure much broader access to the child investment accounts, creating them for more than 60 million additional children under age 18, according to the Treasury Department. The shift to auto enrollment means that big contributions from wealthy donors to the program—like the $6.25 billion pledge from Michael Dell—would reach more households. ..."

"... Newborn Pilot Program: Children born between January 1, 2025, and December 31, 2028, are eligible for a one-time $1,000 federal seed contribution from the government. ..."

The Wall Street Journal What's news

Treasury Will Auto-Enroll 60 Million Children in Trump Accounts "New rules also ease path for wealthy donors to contribute stock while avoiding capital-gains taxes"

President Trump cheers as over 6 million sign up for Trump accounts

Good news, great idea! Economists have recommended such or similar accounts for several decades!

See also my other, new blog post here regarding this subject!

Make every American a millionaire by the time they reach adulthood! Caution: satire!

"President Donald Trump on Monday celebrated the launch of Trump accounts, saying that more than 6 million Americans had signed up for the project.

Earlier in the day, he formally rang the bell to open the New York Stock Exchange and NASDAQ from the White House as part of a ceremony marking the launch.

"Already, more than 6 million Americans have signed up for Trump accounts—and we've just started—many of which are receiving a one-time seed contribution of $1,000.... the Trump Accounts could grow to hundreds of thousands of dollars by the time they reach 18," he said. ..."

Trump cheers as 6M+ sign up for Trump accounts | Just The News "Earlier in the day, he formally rang the bell to open the New York Stock Exchange and NASDAQ from the White House as part of a ceremony marking the launch."

Details Unveiled for New ‘Trump Accounts’

Economists have debated these kind of plans for several decades!

Even a rapper comes out with a donation!

"President Trump unveiled Trump Accounts on Wednesday, a program that will deposit $1,000 into government-funded investment accounts for American children born between Jan. 1, 2025 and Dec. 31, 2028, with funds available beginning at age 18 for education, housing, or starting a business.

The accounts will be stock-market linked, with families, employers, churches, and states able to contribute up to $5,000 annually in pre-tax dollars. Trump said modest contributions could grow the accounts to $50,000 or more by age 18.

Billionaires Michael and Susan Dell pledged $6.25 billion to provide an additional $250 to 25 million children under 10 in lower-income ZIP codes, while rapper Nicki Minaj announced she would contribute $150,000 to $300,000 for her fans’ accounts."

Thursday, January 29, 2026 - Join The Flyover

A rapper and the president!