President Donald Trump rang the stock market opening bell from the Oval Office of the White House on Monday morning in the first joint ceremony between the New York Stock Exchange and the New York Stock Exchange. Nasdaq.
The event marking the launch of the Trump Account, the government’s new tax-advantaged investment vehicle for children in the United States, was attended by many CEOs and other stakeholders supporting the new account.
They include: Dell Secretary Michael Dell and his wife, Susan Dell, have together pledged more than $6 billion to the program. Brad Gerstner, Altimeter Capital and CEO and founder of the Invest America Charitable Foundation, facilitated the account opening. intercontinental exchange CEO Jeffrey Sprecher. Sen. Ted Cruz, Republican, Texas. Treasury Secretary Scott Bessent. U.S. Securities and Exchange Commission Chairman Paul Atkins; and Lynn Martin, president of the New York Stock Exchange.
“This makes the promise of the American Dream a reality for all, not just some,” Gerstner, a major supporter of the account, told CNBC’s “Squawk Box” before the event.
The Trump Account is available to all children under the age of 18 and includes a one-time $1,000 pilot program contribution from the U.S. Treasury for babies born between 2025 and 2028.
robin hood CEO Vlad Tenev, who arrived at the White House before the opening bell, said the accounts could be “life-changing.”
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