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Trump launched "Trump accounts," a new savings program giving $1,000 to children born 2025–28, backed by a $6.25 billion Dell donation to expand access for millions of lower-income kids.
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New Delhi,UPDATED: Dec 3, 2025 03:23 IST
US President Donald Trump on Tuesday launched a new national savings programme for children, branded “Trump accounts,” and announced a major $6.25 billion donation from Michael and Susan Dell — the first large private investment backing the plan.
The initiative, created under Trump’s One Big Beautiful Bill Act, will provide a $1,000 government deposit into investment accounts for all children born between 2025 and 2028. The Dell contribution aims to extend the benefits to as many as 25 million children under age 10 who live in ZIP codes with median household incomes of $150,000 or less.
Speaking at the White House, Trump said the programme would help young Americans learn early lessons about business, free enterprise and financial responsibility. “They can learn a little bit about the free enterprise system,” he said. “They can really learn how life works, how business works. There’s a lot of learning to be done.”
.@POTUS on how Trump Accounts will impact American kids: "I think they can learn a little bit about the free enterprise system. They can really learn a lot about how life works, how business works... there's a lot of learning to be done, and I think this is a big step forward." pic.twitter.com/uOZqM30VAo— Rapid Response 47 (@RapidResponse47) December 2, 2025
Trump said he would make a personal contribution to the fund and called the accounts a chance for middle-class children to gain a stake in the country’s economic growth. “It really gives them a shot at the American dream,” he said.
Michael and Susan Dell, who attended the ceremony, said the decision to invest was straightforward. In a statement, they described the accounts as “simple, secure and structured to grow in value through market returns over time,” giving Americans a financial base at age 18 for education, training, home ownership or long-term savings.
Michael and Susan Dell donated $6.25 billion to launch the federal “Trump Accounts” program, funding $250 each for 25 million children and encouraging others to give.
pic.twitter.com/hnTUku8iUv— Breaking911 (@Breaking911) December 2, 2025
Senator Ted Cruz said the programme would help raise “a new generation” of capitalists who could track their investments on their phones and learn the basics of the market early in life.
Interest from financial firms has surged since the announcement, with companies positioning themselves to administer or support the new accounts. The Dells said older children may also benefit if funds remain after initial sign-ups.
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Published By:
Aashish Vashistha
Published On:
Dec 3, 2025
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