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Scott Bessent: “Every American child born between January 2025 and December…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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JUST IN: First Lady Melania Trump And Scott Bessent Launch 'Fostering The Future Accounts'

Published | Video Starts at 07:27

Of course, Trump accounts are historic new savings tool to democratize the benefits of private ownership and compound growth. Every American child born between January 2025 and December 2028 is eligible to receive a $1,000 seed contribution from Treasury. Assuming historical growth rates continue, that single deposit in an index fund should grow to at least half a million dollars by the age of retirement, demonstrating that assets of life changing scale can begin with small steps. (07:27–07:41)

CLAIM

Asserts that children born in this period will receive a financial contribution from the Treasury.

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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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