WASHINGTON (FNN NEWS) — Vice President JD Vance will travel to Milwaukee, Wisconsin, on Wednesday, July 8, 2026, where he is scheduled to deliver remarks on the Trump administration’s efforts to combat fraud, according to a White House press release.

NEW YORK (FNN NEWS) — President Donald Trump marked the official launch of Trump Accounts on Monday by participating in a first-of-its-kind opening bell ceremony for both the New York Stock Exchange and Nasdaq from the Oval Office.

The event celebrated the rollout of the investment account program established under the Working Families Tax Cuts Act, which the Trump administration says is designed to help eligible American children build long-term wealth through tax-advantaged investment accounts.

Investment Accounts for American Children

According to the White House, Trump Accounts are available to U.S. citizens under the age of 18. Children born between Jan. 1, 2025, and Dec. 31, 2028, will automatically receive a $1,000 federal seed investment, while families and eligible contributors may make additional investments over time.

The administration said more than six million Trump Accounts have already been requested, with more than 86% of requests coming from families earning less than $200,000 annually.

President Trump Highlights Economic Opportunity

During the ceremony, President Trump said the accounts are intended to allow children to benefit from long-term economic growth.

“With the ringing of the opening bell for the stock market, Trump Accounts will now begin to grow right along with our booming economy,” Trump said. “Between individual contributions and the seed funds, $800 million in new capital will be invested in the stock market for America’s children this week.”

Business and Government Leaders Voice Support

Several business executives and administration officials participated in the announcement, including:

• Treasury Secretary Scott Bessent
• Michael Dell, founder and CEO of Dell Technologies
• Adena Friedman, CEO of Nasdaq
• Lynn Martin, president of the New York Stock Exchange Group
• Jeffrey Sprecher, CEO of Intercontinental Exchange
• Brad Gerstner, chairman and CEO of Altimeter Capital
• Ted Cruz

Treasury Secretary Bessent said the initiative is intended to expand access to financial markets for American families.

Michael Dell encouraged additional companies to participate by contributing to employees’ children’s accounts.

Private-Sector Participation

The White House announced that philanthropists Michael and Susan Dell are supporting the initiative and said more than 50 companies have committed to making contributions to Trump Accounts for the children of their employees.

Administration officials described the initiative as part of a broader effort to encourage savings, investing and long-term wealth creation for future generations.

The announcement comes as the United States continues events commemorating the nation’s 250th anniversary, with administration officials describing Trump Accounts as an investment in America’s next generation.