US Treasury Rolls Out Trump Accounts App Nationwide to Encourage Early Investing
The U.S. Department of the Treasury has launched the Trump Accounts app, a nationwide initiative designed to create investment accounts for children. The app aims to encourage long-term investing from an early age by providing government-backed starter accounts. Treasury Secretary Scott Bessent highlighted the app's role in expanding financial access and prosperity for all Americans. The accounts, part of President Trump's One Big Beautiful Bill Act, will officially launch on July 4, with the Treasury depositing $1,000 in seed money for eligible children.