Posted 01-29-2026 at 15:22:59 [URL] [DELETE]
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Penance for debanking? Art of the Deal, baby!
Trump accounts explode 500,000 signups, big reveals coming Treasury Secretary Scott Bessent teased major announcements on additional state and philanthropist contributions to Trump Accounts as signups surged to 500,000 families ahead of a White House summit, with the program set to provide $1,000 federally funded investment accounts for children born 2025-2028 starting July 4.
Signup Surge Reported: More than 500,000 families have registered for Trump Accounts since the start of tax season, far exceeding early expectations for the initiative. Note: more than a million as of today.
Program Eligibility Details: Federal $1,000 seed investments target U.S. children born between 2025 and 2028, with accounts growing tax-advantaged until age 18 for uses like college or home purchases. Major Private Boosts: Philanthropists like Michael and Susan Dell pledged $6.25 billion to add $250 per child for millions in lower-income areas, alongside corporate matches from JPMorgan Chase and Bank of America. Bipartisan Momentum Highlighted: Bessent emphasized broad support for the program, crediting President Trump’s coalition-building, with potential for up to 20 states to join future contributions.
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