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Bessent Says Trump Accounts Hold More Than $8 Billion in Deposits

Bessent Says Trump Accounts Hold More Than $8 Billion in Deposits

Photo: TokenPost

Treasury Secretary Scott Bessent said deposits in children’s Trump Accounts exceed $8 billion, putting a figure on the program President Donald Trump named as the route for Elon Musk’s planned SpaceX share gift. Bessent called on other philanthropists to participate. The $8 billion figure covers deposits already made; Musk’s share gift remains a plan for 2027. Musk’s 2027 proposal calls for one SpaceX share per child in the United States. Trump said the shares would go through Trump Accounts and described private investment in children as a purpose of the program. As of Oct.

Source: TokenPost

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