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"The Trump Account" goes live today, with the US Treasury accepting publicly traded stocks as charitable donations

"The Trump Account" goes live today, with the US Treasury accepting publicly traded stocks as charitable donations

BlockBeatsBlockBeats2026/07/04 00:59

BlockBeats News, July 4th: President Trump posted on Truth Social, saying: Breaking News! My administration is delivering another major "America First" victory. The Treasury Department will now accept publicly traded company stocks that can be traded at any time as charitable donations to fund eligible American children's TrumpKids accounts. This opens the door for great American businesses, philanthropists, and job creators to directly invest in our children's future, helping to build a generation of savers, investors, and owners. The response to TrumpKids accounts has been amazing—with over 6 million TrumpKids accounts applied for even before the program is formally launched. The American people love this idea as it prioritizes American children, rewards success, and helps the next generation build wealth. America's golden age is just beginning!


The "TrumpKids Accounts" will officially launch today (Independence Day, the 250th anniversary of the nation's founding), with eligible American children accounts automatically receiving a $1,000 government seed fund to kick off the operation of the accounts. The "TrumpKids Investment Accounts" are expected to inject $30-50 billion of incremental funds directly into the U.S. stock market in the first year. Subsequently, families and employers can add up to $5,000 per account annually. This is expected to continue to bring in stable inflows of billions of dollars or more over the long term, providing long-term buying support.

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