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Scott Bessent: “Families with children under 18 can open a Trump account and…”

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

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Trump deal with Iran, gas prices, economics & more addressed during Scott Bessent, Larry Kudlow chat

Published | Video Starts at 17:05

… they're going to go into low cost index funds and they will be able to see every day on their phone what the account's doing. Folks with children under 18, Families with children under 18 can open a Trump account and they put up to $5,000 in there. That'll compound tax free until age 18. At age 18, they can roll it into a traditional retirement plan or take it out to start a business for education, down payment on a home. (17:05–17:13)

CLAIM

Asserts that families with children under 18 can invest up to $5,000 in Trump accounts.

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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