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"Trump Account" Officially Launched, Operability Raises Questions

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Golden Finance reported that on July 7, according to CCTV, the White House announced on July 6 that the “Trump Account,” which is designed to serve U.S. minors investing in the stock market, was officially launched that day. Some critics noted that U.S. low-income groups face many difficulties in obtaining the benefits of this account. In addition, the operability of the account has also raised widespread doubts. According to the “Big and Beautiful” tax and spending bill passed by the U.S. Congress in 2025, U.S. parents and guardians may apply to the federal government to open a “Trump Account” for free for minors under 18 for long-term stock market investment. Funds invested in the stock market through the account can receive tax benefits.
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