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BumRushDaShow

(174,087 posts)
Mon Jul 6, 2026, 06:36 AM Yesterday

Trump to host opening bell ceremony Monday to celebrate Trump Accounts

Source: The Hill

07/05/26 10:01 PM ET


President Trump will host officials from the New York Stock Exchange (NYSE) and Nasdaq in the Oval Office on Monday, to mark his administration’s launch of new investment accounts for children.

The Treasury Department launched the “Trump Accounts” on July 4, allowing the accounts to receive contributions. An app for parents to fund their child’s account and explore financial education modules is also fully updated as of Saturday, according to Treasury Secretary Scott Bessent.

National Economic Council Director Kevin Hassett said last week officials from the two stock exchanges will ring their opening bells from the White House. Trading is open on the NYSE and Nasdaq from 9:30 a.m. to 4 p.m. EDT.

“We’re having a big opening bell ceremony next week, where the Nasdaq and the New York Stock Exchange are going to ring the bell from the Oval [Office] for the first time together,” Hassett told host Joe Kernen on CNBC’s “Squawk Box.” “And they’re doing that to celebrate the accounts, to make sure everybody knows it’s time to get an account for your kid,” he added. Trump’s public schedule for Monday includes a 9:30 a.m. Trump Accounts launch.

Read more: https://thehill.com/business/5954482-trump-accounts-treasury-nyse-nasdaq-oval-office/



National Economic Council Director Kevin Hassett said last week officials from the two stock exchanges will ring their opening bells from the White House. Trading is open on the NYSE and Nasdaq from 9:30 a.m. to 4 p.m. EDT.


I assumed he would fly up there but apparently not.
35 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump to host opening bell ceremony Monday to celebrate Trump Accounts (Original Post) BumRushDaShow Yesterday OP
Shameless. mahina Yesterday #1
Take note... Hugin Yesterday #2
ETTD. You've been warned. Ray Bruns Yesterday #7
Big sell off today? chicoescuela Yesterday #8
No idea. Hugin Yesterday #13
They usually are. Thank you chicoescuela 19 hrs ago #31
They'll have to get to 20500 somehow. A rented jet is my guess. mahatmakanejeeves Yesterday #3
Done in the Oval Office BumRushDaShow Yesterday #17
Amtrak 97 was oner nine hours late at Richmond this morning. mahatmakanejeeves Yesterday #19
There is ongoing flooding here now BumRushDaShow Yesterday #23
Thanks for the photo, BRDS. ❤️ littlemissmartypants 18 hrs ago #32
Alt text: littlemissmartypants 18 hrs ago #33
How will Visa Trump Pedo Account holders feel Submariner Yesterday #4
I'm sure must be wetting his beak somehow in this. Is it tied to one of the family's financial investment companies? Vinca Yesterday #5
Foxtrot Delta Tango CapnSteve Yesterday #6
I assume there's an account management fee involved? Ilsa Yesterday #9
ETTD. Ray Bruns Yesterday #10
Despite his financial advisor encouraging him to do so, Wuddles440 Yesterday #11
Good going ! dave99 Yesterday #29
They were advertising "Trump accounts" on MS.NOW over the weekend. CousinIT Yesterday #12
Were they paid-for ads, or was it a news story about the "Trump Accounts"? FakeNoose Yesterday #14
They were paid ads. CousinIT Yesterday #22
I hope he over sleeps and nobody wakes him. littlemissmartypants Yesterday #15
and he's keeping the damn bell he rang to open the stock markets!!!!!! HE's KEEPING THE DAMN BELL!!!! a kennedy Yesterday #16
Rare to see you here BumRushDaShow Yesterday #18
🥰 a kennedy Yesterday #24
Such a sleaze. efhmc Yesterday #30
trump just admitted that he's going to take the bell that he rings to open the NASDAQ and NYSE LetMyPeopleVote Yesterday #20
I recommend opening one of these for your children Johnny2X2X Yesterday #21
Sorry, I just don't trust ANYTHING that he's connected with. Don't trust him AT ALL. a kennedy Yesterday #25
They're regular IRAs Johnny2X2X Yesterday #27
With new information, I am changing my view Johnny2X2X 5 hrs ago #34
Now you're talking, some good ideas. a kennedy 4 hrs ago #35
What will the money be invested in? Turbineguy Yesterday #26
shitstain & family ROBBING from children. It steals from every age. dave99 Yesterday #28

Hugin

(38,135 posts)
13. No idea.
Mon Jul 6, 2026, 09:15 AM
Yesterday

Sideways is sideways. Be sure to keep your arms and legs inside the basket at all times for the ride.

mahatmakanejeeves

(71,764 posts)
3. They'll have to get to 20500 somehow. A rented jet is my guess.
Mon Jul 6, 2026, 07:17 AM
Yesterday

What airport, though? A Flexjet Embraer EMB-505 left Westchester at 7:03 a.m. Is that it?

LXJ309, https://globe.adsbexchange.com/?icao=a34154

And good morning. 80. I'll open some windows.

Edited. Not this one. He's still going. Look for general aviation from the New York City area to KDCA.

BumRushDaShow

(174,087 posts)
17. Done in the Oval Office
Mon Jul 6, 2026, 10:06 AM
Yesterday


There are a couple live feeds going but I can't handle that on a Monday. It was a PITA to get an embeddable pic.

And good rainy morning. Over 2.5" since last night.

mahatmakanejeeves

(71,764 posts)
19. Amtrak 97 was oner nine hours late at Richmond this morning.
Mon Jul 6, 2026, 10:32 AM
Yesterday

Last edited Mon Jul 6, 2026, 11:29 AM - Edit history (1)

This is a train that originates in New York City.

The delay happened in Washington. They couldn't find a locomotive for it.

https://dixielandsoftware.net/cgi-bin/gettrain.pl?seltrain=97&selyear=2026&selmonth=07&selday=05

littlemissmartypants

(35,770 posts)
32. Thanks for the photo, BRDS. ❤️
Mon Jul 6, 2026, 09:41 PM
18 hrs ago


Smelly old psychopathic pedophile trys to convince newly orphaned birthright citizens that a bell he stole from Temu is the real Liberty Bell from 1976 (getting the math wrong by 200 years) while their parents who are currently in concentration camps wait for deportation to unknown countries.

littlemissmartypants

(35,770 posts)
33. Alt text:
Mon Jul 6, 2026, 09:45 PM
18 hrs ago

This morning in the Oval Office.

Shortly after the photo was taken, the next of kin for each child was forced to make a sizable cash payment for each child before they were allowed to leave. Maybe. No one really knows for sure what happened next.

But it was probably shady, whatever it was.

Welcome to America.

Land of the orphaned. Home of the gift.

Photographer unknown, Monday, July 6th, 2026

Submariner

(13,493 posts)
4. How will Visa Trump Pedo Account holders feel
Mon Jul 6, 2026, 07:25 AM
Yesterday

about having an account for their kid, when they realize during the forthcoming 2027 hearings that the accounts are named after a soon to be convicted pedophile who should be going to prison?

Vinca

(54,626 posts)
5. I'm sure must be wetting his beak somehow in this. Is it tied to one of the family's financial investment companies?
Mon Jul 6, 2026, 07:45 AM
Yesterday

Ilsa

(64,813 posts)
9. I assume there's an account management fee involved?
Mon Jul 6, 2026, 08:44 AM
Yesterday

Or is that paid upfront? They've been advertising this on TV, but don't explain how they work, the rules, etc.

Wuddles440

(2,191 posts)
11. Despite his financial advisor encouraging him to do so,
Mon Jul 6, 2026, 08:57 AM
Yesterday

my wife and I have informed our son that we will disown him if he opens any such accounts for our grandchildren.

CousinIT

(12,933 posts)
12. They were advertising "Trump accounts" on MS.NOW over the weekend.
Mon Jul 6, 2026, 09:03 AM
Yesterday

I read that they are planning to put "America 250" and/or "Trump Accounts" on newly issued Social Security cards (I guess for kids or babies). I can't remember which - or maybe both.

IF that's true, then it's the clearest sign yet that they plan to privatize Social Security - maybe by slowly killing the existing system and turning it into these stock market things - which essentially is a gambling casino. Because everyone wants their retirement money in a gambling casino. Right?

FakeNoose

(43,252 posts)
14. Were they paid-for ads, or was it a news story about the "Trump Accounts"?
Mon Jul 6, 2026, 09:22 AM
Yesterday

I haven't had my TV on all weekend so I missed the story you're referring to. It's possible but unlikely that MS-Now accepted advertising from the "Trump Accounts" organization. (Assuming that it's even a business at this point.)

It's much more likely that MS-Now ran a news story about the development, and some viewers mistook it for a paid advertisement.

CousinIT

(12,933 posts)
22. They were paid ads.
Mon Jul 6, 2026, 11:01 AM
Yesterday

Not a news story. I was watching. The ad appeared several times over the weekend - had kids in it saying "sign me up!"

a kennedy

(36,897 posts)
16. and he's keeping the damn bell he rang to open the stock markets!!!!!! HE's KEEPING THE DAMN BELL!!!!
Mon Jul 6, 2026, 09:53 AM
Yesterday

he said it’ll look great in his ballroom, it’s gold!!!! 🤬 🤬 🤬 🤬 🤬

Johnny2X2X

(24,632 posts)
21. I recommend opening one of these for your children
Mon Jul 6, 2026, 10:58 AM
Yesterday

Especially young children that qualify for the free $1000 startup.

It’s a great idea that will live on after Trump is gone. Hate his name being attacked to it, but being able to start something for your children at birth is just a sound idea.

a kennedy

(36,897 posts)
25. Sorry, I just don't trust ANYTHING that he's connected with. Don't trust him AT ALL.
Mon Jul 6, 2026, 11:35 AM
Yesterday

and sorry, JMHO.

Johnny2X2X

(24,632 posts)
27. They're regular IRAs
Mon Jul 6, 2026, 11:48 AM
Yesterday

I don’t care if his name is on it, these are IRAs backed by our federal government. Not taking advantage of them is a loss.

I think he knows most liberals won’t invest in them and it will be their children’s loss.

Johnny2X2X

(24,632 posts)
34. With new information, I am changing my view
Tue Jul 7, 2026, 10:42 AM
5 hrs ago
https://www.cato.org/blog/trump-accounts-good-idea-bad-design

They're dumb and the only concretely worthwhile aspect of them is the free $1000K for very young children. They're basically going to be double taxed and it would be better just to put the money into a regularly brokerage account for your child both for tax strategy and investment options.

The only other tangential benefit I can see is that maybe it gets more people to invest for their children who wouldn't have done it without these new accounts.

Dems would be smart when they regain power to fix them, take away the name on them, and provide serious tax benefits to them.

Turbineguy

(40,314 posts)
26. What will the money be invested in?
Mon Jul 6, 2026, 11:47 AM
Yesterday

"Funds will be invested in a diversified investment vehicle designed to maximize long-term growth while minimizing risk. Additional investment options will be added."

"Funds can be accessed without penalty when the child turns 18 for qualified expenses like education, or a first home purchase. Withdrawals may be subject to restrictions and would be taxed at ordinary income rates."

https://trumpaccounts.gov/

And from US Treasury:

At launch, all contributions to Trump Accounts will be invested in the State Street SPDR Portfolio S&P 500 ETF (SPYM) a low-cost exchange-traded fund (ETF) that tracks the performance of the S&P 500 Index. The fund was selected to provide broad exposure to the U.S. stock market while maintaining expenses well below the statutory fee limitation. Treasury has also selected the following additional low-cost index ETFs for the Trump Accounts investment lineup:

iShares Core S&P 500 ETF (IVV)
Vanguard Total Stock Market ETF (VTI)
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM)
iShares Core S&P total U.S. Stock Market ETF (ITOT)
These funds have been selected to provide diversified exposure across major segments of the financial markets while keeping investment costs low.

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