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Treasury unveils plan to auto-enroll children in Trump Accounts

Original: department of treasury

The Treasury Department says new 'Trump Accounts' for children will be auto-enrolled, potentially creating up to 60 million accounts even for families who never signed up. Treasury Secretary Scott Bessent compared the program to the GI Bill, framing it as a generational investment in Americans. The automatic enrollment feature is drawing attention and debate about the government opening investment accounts for minors by default.

Why now: The Treasury's announcement of automatic enrollment for millions of children's accounts is new and consequential news about a major federal program.

Department of the TreasuryScott BessentTrump AccountsDonald Trump

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