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Donald Trump: “Millions of accounts are pre-funded with $1,000 from the US…”

Featuring: Donald Trump, Republican | President of the United States | National

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President Trump Hosts a Cabinet Meeting, Jul. 31, 2026

Published | Video Starts at 05:59

Over 7 million and really, really just got going, I would say, Scott, about two weeks ago when it was we got the final approvals and we have over 7 million. Actually there's never been anything quite like that. But Millions of accounts are pre-funded with $1,000 from the US treasury or generous gifts from private donors. like Michael and Susan Dell and others who have given billions of dollars, billions. People are putting up hundreds of millions and billions of dollars into it and buying really a great future for children when they turn 18 or when they turn 21. (05:59–06:12)

CLAIM

Asserts that millions of accounts are pre-funded with $1,000 from the US treasury or private donors.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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