Scott Bessent: “1.2 million of those [families] are eligible for the $1,000…”

“So with that, we have also seen with the Trump accounts, we have had 5 million families file for Trump accounts for their children. 1.2 million of those [families] are eligible for the $1,000 seed bonus. So we look forward to that picking up more and more. For those of you who haven't done it, it's easy to remember Form 4547, you can do it while you're filing your taxes.” (01:35–01:42)

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.