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Can Trump Accounts build wealth?

2 weeks ago 4

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Nearly four in ten American families don't own stocks. Treasury Secretary Scott Bessent says that's a problem the new Trump Accounts are designed to solve. Jennifer Schonberger speaks with Treasury Secretary Scott Bessent about the launch of Trump Accounts, why the administration believes early investing matters, how the accounts work, and why long-term participation in the stock market could improve financial literacy and wealth building. The conversation explores investing, compound growth, financial education, and expanding access to the U.S. equity market. Timestamps 00:00 Why Trump Accounts matter 00:57 The investing gap 01:27 Why low fees matter 02:22 The lowest-cost fund 02:46 Future investment options 03:21 Donations and philanthropy 03:49 More funding expected 04:33 Who can participate #investing #stockmarket #trumpaccounts #scottbessent #financialliteracy #wealthbuilding #yahoofinance == AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors. 👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571
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