Treasury hosts summit highlighting corporate support for Trump Accounts initiative

Scott Bessent Secretary
Scott Bessent Secretary
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The U.S. Department of the Treasury hosted the Trump Accounts Summit in Washington, featuring President Donald J. Trump and Treasury Secretary Scott Bessent as keynote speakers. The event aimed to promote national engagement with the Trump Accounts initiative, which seeks to increase economic opportunities for American families.

During the summit, several major corporations and philanthropic donors announced new commitments to support the program. Companies pledged actions such as matching seed funding, expanding employee participation, and developing new ways to encourage account growth.

“Through Trump Accounts, our President is putting the American Dream within reach of every citizen, no matter the circumstances of birth,” said Secretary Scott Bessent. “Trump Accounts are among the most significant policy innovations of modern times. They mark a singular moment in economic history by expanding the benefits of private ownership and compound growth to all Americans.”

The Treasury Department stated it will continue working with industry partners to obtain further commitments and increase family participation in the Trump Accounts program.

A list of participating corporations includes Bank of America Corporation, JPMorgan Chase & Co., Blackrock Inc., Dell Technologies Inc., Mastercard Inc., NVIDIA Corporation, Visa Inc., Wells Fargo & Company, among others.

Philanthropic donations were announced from Michael & Susan Dell, Ray & Barbara Dalio, Brad Gerstner, Harold Hamm, and Nicki Minaj.

Further information about the initiative can be found at TrumpAccounts.gov.

The full remarks from Secretary Bessent are available online.



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