00:00Today we celebrate our next historic, and that's really what it is, step to ensure every American child has a
00:07fair shot at the American dream.
00:13So there I was, holding a pink teddy bear in my hand, and stopped going all around the road.
00:19A second later, I'm here's my spot.
00:43Today I'm pleased to announce that every single eligible minor child in America has now been automatically enrolled in a
00:51Trump account.
00:53So last summer I signed the great big beautiful bill delivering the largest tax cuts in American history.
01:00And that included in there, approved by Republicans, I don't know if we had any Democrat votes, I think not,
01:08they don't vote for anything.
01:10But including the Trump accounts, and under this program the U.S. government is automatically creating a tax-free investment
01:18account for every child to grow over the course of their lives
01:22and to be used to their benefit and for their benefit after they turn 18.
01:28So if all goes well, which I think it will, they'll end up being quite rich by the time they're
01:3518, and then 21, and this time goes by.
01:38Every family, every child deserves to have a piece of the American dream, and these Trump accounts are just that.
01:44A child born during President Trump's presidency, Treasury will cede the accounts with $1,000.
01:50For children 18 and under, we have great philanthropists like Susan, Michael, Brad, and many, many others who are putting
01:59in substantial gifts
02:01that many corporations, as the president said, many corporations, many foundations, and we think that this is the beginning of
02:08the ownership society.
02:09Now every member of the next generation will have an investment account and will benefit from this great economy,
02:18I guess the greatest economy we've ever had, definitely.
02:21Since the election, U.S. stock markets have set all-time records, and they're going, and records in many different
02:28fashions.
02:28Loved ones, churches, and generous companies, and individuals are all able to contribute funds to these accounts
02:35to help get children off to a strong start in life. More than 70 companies have also committed to Trump
02:42accounts,
02:43and many for hundreds of millions of dollars, including Uber, Intel.
