Financial Literacy Commission discusses implementation of Trump Accounts at public meeting

Scott Bessent Secretary - U.S. Department Of Treasury
Scott Bessent Secretary - U.S. Department Of Treasury
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The U.S. Department of the Treasury held a public meeting of the Financial Literacy and Education Commission (FLEC) on February 6, 2026, focusing on the implementation and outreach for Trump Accounts.

Treasury Secretary Scott Bessent chaired the session, emphasizing that Trump Accounts aim to make every American child a shareholder and to advance financial literacy by providing real-world investing experience. He encouraged federal agencies to incorporate Trump Accounts into their ongoing financial education initiatives. “Trump Accounts create opportunities by making every American child a shareholder and advancing financial literacy through real-world investing experience,” said Secretary Bessent. “I call on federal agencies to integrate Trump Accounts into ongoing financial education efforts.”

Other agency leaders spoke at the event, including Jonathan Gould from the Office of the Comptroller of the Currency, Kyle Hauptman from the National Credit Union Administration, Lori Chavez-DeRemer from the Department of Labor, Frank Cassidy from Housing and Urban Development, and Frank Bisignano representing both the Social Security Administration and Internal Revenue Service.

Matt Garber, Deputy Assistant Secretary for Fiscal Operations and Policy at Treasury, provided an update on how Treasury is implementing Trump Accounts. A panel discussion followed with participants such as Gerri Walsh from FINRA Investor Education Foundation; Steven Johnson, Kansas Treasurer; Chris Caltabiano from Council for Economic Education; John Moses from the Securities and Exchange Commission; and Melanie Mortimer from SIFMA Foundation. The panel discussed strategies to maximize the impact of Trump Accounts for future generations.

Trump Accounts are designed to help children learn about investing concepts like compound growth and long-term planning. This year, FLEC will also update its U.S. National Strategy for Financial Literacy. Treasury has issued a request for information to gather input on revising this strategy so that financial literacy programs remain relevant and effective.

The public can submit comments regarding these updates until April 6, 2026.

A recording of the meeting is available online.



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