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Scott Bessent: “The President foresees a day where matching contributions to…”

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

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

Published January 28, 2026 | Video Starts at 14:14

And just today, Steak N Shake, Broadcom, intel, IBM, JP Morgan, Chipotle, Coinbase and Comcast all announced that they will offer matching contributions as well. The President foresees a day where matching contributions to Trump accounts will be as integral to an employee benefits package as a matching 401k. through Trump accounts. Our President is putting the American dream within the reach of every citizen, no matter the circumstances. (14:14–14:25)

CLAIM

Asserts that the President envisions Trump accounts becoming a standard part of employee benefits like 401k plans.

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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Scott Bessent

“Donald Trump enacted the largest tax cut in history for American citizens.”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 07:43-07:49
“Every American child born between January 1, 2025, and December 31, 2028, is eligible to receive $1,000 seed contribution from the Treasury…”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 10:30-10:44
“Approximately 600,000 American families have elected to open a Trump account for their children.”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 10:58-11:14
“The Council of Economic Advisors estimates that a child's Trump account could be worth more than a million dollars at age 28.”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 13:09-13:23
“In 2024 alone, our citizens gave half a trillion dollars to charity.”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 15:09-15:15
“Michael and Susan Dell led the way by pledging an incredible 6.25 billion of their own money to help fund Trump accounts for 25 million…”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 16:12-16:27
“Approximately 2/3 of generation Z Americans fail to answer more than half of the basic financial literacy questions on the nation's personal…”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 20:45-20:57
“Donald Trump rebalanced global trade to the benefit of working families.”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 07:48-07:54
“Donald Trump saved our country by securing the border.”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 07:53-08:00
“Trump Accounts are amongst the most significant policy innovations of modern times.”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 08:51-08:57
“A single thousand dollar deposit into a Trump account at birth could grow to an estimated amount of at least half a million dollars by the…”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 11:26-11:39
“Any American below the age of 18 is also eligible to receive a tax-advantaged Trump account.”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 11:38-11:51
“Starting July 4th, family, friends, and employers will be able to contribute up to $5,000 to each Trump account each year.”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 12:56-13:09
“Companies like Charles Schwab, Uber, Charter Communications, Bank of New York Mellon, State Street, Mastercard, Visa, Block, Robinhood…”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 13:37-14:01
“Steak N Shake, Broadcom, intel, IBM, JP Morgan, Chipotle, Coinbase and Comcast all announced that they will offer matching contributions [to…”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 14:02-14:14
“Ray and Barbara Dalio then followed suit by pledging 75 million to help fund Trump accounts for more than 300,000 children in Connecticut.”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 16:27-16:37
“The final way of funding Trump accounts is through state government.”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 17:44-17:48
“Today, 32% of American adults do not own stocks. But with Trump accounts, over time, we can get that number to Zero.”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 19:31-19:40
“Trump Accounts will give us an opportunity to correct course by instilling financial literacy in America's youth in a way no book, test or…”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 21:01-21:12
“Trump Accounts will achieve this goal by providing students with a hands on education and the power of compound growth.”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 21:23-21:31
“Students with Trump Accounts will be able to watch their investment accounts compound in real time from a value of a couple of thousand…”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 21:31-21:42
“Keeping accounts locked until age 18 will require Americans to learn the art of long term savings and compound growth.”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 21:48-21:56
“States, philanthropists and charitable organizations can also tie fund funding of individual Trump Accounts to students passing financial…”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 21:56-22:07
“Trump Accounts are the defining policy of America's 250th anniversary.”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 23:06-23:12
“By expanding equity ownership to all citizens, President Trump is restoring the promise of our Founding Fathers, revitalizing the social…”
FULL SPEECH: Speaker Johnson and Scott Bessent Wrap Up the Trump Account Launch Summit - 01/28/26 | Uploaded January 28, 2026 | 23:11-23:27