""I think that dovetails somewhat that 38% of American households have no exposure to equities," Bessent said, suggesting that those who don't participate in the stock market are more likely to be dissatisfied with the existing economic model. He framed the administration's push for investment accounts for children as a way to "mint a new generation of capitalists" by giving young people a direct stake in corporate America's growth."
"The accounts, he said, are designed to channel contributions into a broad-based index fund, with the goal of exposing millions of future adults to the long-term compounding power of equity markets. Bessent cast the program as part of President Donald Trump's "enduring legacy," alongside peace deals, trade agreements, and tax cuts."
A substantial share of Americans express favorable views of socialism while just over half view capitalism positively, a divide linked to low household equity ownership. Roughly 38% to 42% of American households report no stock market exposure. The "Trump Accounts" initiative proposes federally supported investment accounts for children invested in a broad-based index fund to expose future adults to long-term compounding. The program targets children born 2025–2028 to compound for 18 years, with the stated goal of creating wealth, expanding equity ownership, and fostering a new generation with direct stakes in corporate growth.
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