Save, budget, invest, and plan, and you’ll have a direct stake in helping the American economy thrive for its next 250 years, Treasury Secretary Scott Bessent told a group of middle school students on Thursday.
Bessent’s brief remarks, delivered inside the Department of the Treasury’s historic cash room, capped off the monthlong celebration of Financial Literacy Month in the nation’s capital. During the April 30 financial fair, teenagers and their teachers also learned about the new Trump Accounts, a federally funded pilot program that provides children under 18 with $1,000. More than 5 million U.S. children are already signed up.
The Trump Account program is also meant to serve as a learning tool for students, allowing them to track savings and investments in real time before accessing the fund at age 18 or beyond for a major expense like college, a home purchase, or starting a business….