Donald Trump backs Trump Account For Kids launch with Oval Office bell

Donald Trump’s Trump Account For Kids launch will include a first-ever Oval Office opening bell ceremony with the New York Stock Exchange and Nasdaq.

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Donald Trump backs Trump Account For Kids launch with Oval Office bell

Donald Trump is launching Trump Account For Kids on July 4, and the New York Stock Exchange and Nasdaq will mark it with a first-ever joint opening bell ceremony from the Oval Office. The event is set to spotlight a federal child-savings program that gives eligible children a government contribution at birth.

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Kevin Hassett, the director of the National Economic Council, said on June 29 that “We're ​having a big opening bell ceremony next ⁠week” and that “They're doing that to celebrate ​the accounts to make sure everybody knows ​it's time to get an account for your kid, even if it's not born this year.”

Trump Accounts launch on July 4

Trump Accounts will officially launch on July 4. The program includes a $1,000 government contribution for children born in 2025 through 2028 who have a Social Security number. Families can add up to $5,000 annually, and employers can contribute $2,500 per year per employee until the child turns 18.

Oval Office opening bell event

The New York Stock Exchange and Nasdaq will take part in the ceremony from the Oval Office, adding a public launch for a program aimed at long-term savings for children. The NYSE and Nasdaq share the same trading hours of 9:30 a.m. to 4 p.m. ET, but they use different bell rituals, with the Nasdaq bell rung through a ceremonial electronic button at Nasdaq MarketSite in Times Square.

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What the White House has not given

The White House has not immediately provided the exact date of the Oval Office ceremony or details about the bell that will be used. That leaves the main public milestone fixed — July 4 for the launch — while the live ceremony itself is still awaiting a date.

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On-the-ground news correspondent reporting from city halls, courtrooms, and press briefings. Holder of a Columbia Journalism School degree.