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SEN DAVE McCORMICK: Trump Accounts give all Americans a stake in prosperity

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SEN DAVE McCORMICK: Trump Accounts give all Americans a stake in prosperity

A $1,000 investment at birth plus $10 per week could grow to nearly $400,000 through tax-advantaged compounding.

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Opinion SEN DAVE McCORMICK: Trump Accounts give all Americans a stake in prosperity Trump Accounts give 25 million American children a real ownership stake in the economy By David McCormick Fox News Published July 7, 2026 5:00am EDT Facebook Twitter Threads Flipboard Comments Print Email Add Fox News on Google close Video Treasury Secretary Scott Bessent details benefits of new Trump Accounts for newborns Treasury Secretary Scott Bessent discusses the new Trump Accounts, a program offering a $1,000 government contribution for newborns. NEWYou can now listen to Fox News articles! Last week, my friend Senator John Fetterman and I stood on a court at the 6th Man Center — a Philadelphia Youth Basketball facility in North Philly — watching dozens of children crowd around their phones grinning.

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