Treasury Secretary Scott Bessent said at Breitbart’s State of the Economy event on Tuesday in Washington that automatic enrollment was coming for Trump Accounts to make every American child under 18 eligible.
\n\nBessent said the rollout of Trump Accounts — tax-advantaged investment accounts created in the Working Families Tax Cuts — was “going great,” and enrollment has already reached over 7 million since the formal launch in July 2026.
\n\nHe alluded to making an announcement at the end of the month that would create a spike in the enrollment figures, then he made a breaking news announcement that automatic enrollment was coming. This is projected to push the enrollment up to 70 million, and Bessent added that activation would be still be required for eligible accounts.
\n\n“Thirty-eight percent of American households have no stake in our great equity markets, and everyone should. I think everyone should have a piece of the action,” he said. “People who have worked and saved and have a stake in the economy and participate in the market aren’t going to want to bring it down.”
\n\nBessent criticized the Democratic Socialists of America (DSA) movement, noting the irony of “trust fund kids” leading a movement dedicated…
Original source: https://www.breitbart.com/economy/
