Trump Accounts launch July 4 with $1,000 government seed for newborns. Investments restricted to low-cost US equity index funds with no crypto exposure.

Treasury Secretary Bessent says Trump Accounts will invest in low-cost index funds, giving US newborns a $1,000 government-funded start in the stock market.

Trump Accounts offer $1,000 seed deposits for newborns and tax-deferred growth in US equity index funds, targeting the 38% of American adults who own no