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Scott Bessent: “The Council of Economic Advisors estimates that a child's…”

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

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FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26

Published | Video Starts at 13:09

Starting July 4th, our nation's 250th anniversary, family, friends and employers will be able to contribute up to $5,000 to each Trump account each year. By contributing the maximum amount annually, The Council of Economic Advisors estimates that a child's Trump account could be worth more than a million dollars at age 28. and tens of millions by the age of retirement. Donations from employers are essential to bringing the President's vision to life. (13:09–13:23)

CLAIM

Asserts an estimate that a child's Trump account could exceed a million dollars by age 28.

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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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