Treasury Launches 'Trump Accounts' on the Nation's 250th Anniversary

On July 4, 2026, timed to the country's 250th anniversary, the Treasury Department announced the official nationwide launch of "Trump Accounts," a federal savings-and-investment program created under the 2025 tax law that seeds eligible newborns with $1,000 invested in an S&P 500 index fund. Treasury Secretary Scott Bessent said the accounts were "now live," and the department rolled out a full-featured app for funding accounts and financial-education modules, directing families to the program's website, TrumpAccounts.gov.

The program places the sitting president's name on a government financial platform and a federal .gov website, an unusual branding of a public benefit. Policy analysts cited in reporting have questioned how much the accounts will help lower-income families, who may lack disposable income to contribute, and have warned the design could widen wealth gaps, noting the accounts were created in the same law that reduced spending on programs such as Medicaid and food assistance.

The accounts are operational, with in-app investment tracking that Treasury said would begin July 6; the program's long-term effects will depend on family contributions and market performance over many years.