The U.S. Treasury Department confirmed on Thursday that an app for the new Trump Accounts is available in app stores, and it will serve as the way for people to access them.
The Trump Accounts program was announced as part of the One Big Beautiful Bill that President Donald Trump signed into law last year. They are intended to provide $1,000 to every newborn as long as the parents open an account. The money will be invested into the stock market, and the children can access the funds as soon as they turn 18.
App Gives ‘Easy Access,’ Treasury Says
“The Trump Administration is taking another step forward in expanding opportunity for American families. The Trump Accounts app delivers a simple, secure way for households to begin engaging with a program designed to build long-term financial strength from day one,” Treasury Secretary Scott Bessent said in a statement on Thursday.
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
