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WEDNESDAY OCTOBER 7OCTOBER 7, 2026

President Trump Makes an Announcement, Oct. 7, 2026

The White House

President Trump Makes an Announcement, Oct. 7, 2026

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≫Thank you very much. Today we celebrate our next historic , and that's what it is, stopped, to ensure that every American child has a fair shot at the American dream. Every single eligible minor child in America is now automatically enrolled in a Trump account. I signed the great Big Beautiful Bill and that included in their approved by Republicans, and I don't know if we had any Democrat votes. But including the Trump Accounts and under this program the US government is automatically creating a tax-free investment account for every child to go over the course of their lives and be used to their benefit and for their benefit after they turn 18. If all goes well, which I think it well, their want of being-- they wind up being quite rich. I want to thank Treasury Secretary Scott Bessent, Frank, and Senator Ted Cruz have been fantastic the three of them. I also want to express my gratitude to an exceptional couple , truly an extraordinary couple, Michael and Susan Dell that made one of the largest private donations $6,250,000,000 into the Trump Accounts to take care of thousands and thousands of children. All over our country and I want to also thank Brad who also donated tens of millions of dollars. Thank you, Brad, Susan, thank you. I was missing you, Mike, I didn't like that. Thank you, what a job you have done and they started it before it was fashionable and now everyone is saying things. I'm even hearing Democrat senators stand up and say the Trump account are fantastic. Since launching in July, nearly 8 million accounts have been created in three months with today's announcement we are building on that success by 70 million accounts for children across America and they will be enrolled into the Trump Accounts since July 4 over $4. 5 billion have been deposited in Trump Accounts and much of that has come from very generous Brad, Susan, Michael and others some of the biggest companies in America are giving hundreds of millions of dollars. Downloaded the official Trump account apt to begin managing and contributing to it today. It teaches people about entrepreneurship and watching your account grow but simply this money is your child's future and when your child, they would hit 18 and they don't have any money and now they will be potentially very rich. Loved ones, churches, and to help get children off to a strong start at life, more than 70 companies have also committed to trumpet counts and many for hundreds of millions of dollars including Uber, Nvidia, steak and Shake, many companies. Too many to name. Employees all across America I'm calling on them to follow their lead, and match Trump account investments. Before launching Trump Accounts 38% of Americans did not own stock. Now every member of the next generation will have an investment account and will benefit from our booming economy and we started this when I first came into office, Michael it would've been great because .. . We are at an all-time high. Yesterday we hit another all-time high. I think it's 84 times since a little bit more than a year and a half. They will benefit from this great economy, the greatest economy we've ever had. Since the election, I'm watching it all the time, the communist but they say they're really not communist but their policies of that of a communist, socialist, it's more work and it's been proven over thousands of years by different names. I would like to ask Secretary Bessent to say a few words to say how it works and Frank I will ask you to say a few words, Ted, Michael, and Susan and Brad and we can go quickly because everyone knows what's happening with the Trump Accounts. It's been written about so favorably. It's been so successful in these beautiful young children are extremely rich. They are now and will be in the future extremely rich so they have something to look forward to ≫Every child deserves to have a piece of the American dream. The treasury will see the accounts with the thousand dollar per children 18 and under we have a full enter missed -- philanthropist, Susan, Michael, and many others that are putting in substantial gifts. Many corporations and foundations beginning the ownership society this will be a real-time financial literacy project. As the culmination of a lot of hard work for a lot of people that Senator Cruz, Brad, the president, and Kevin had been a great partner that we are looking forward to administering the treasury and watching the accounts grow. ≫ Most important person, he's been predicting this great economy and I apologize to you, Kevin, I did not introduce you. Say a couple of words before Frank. ≫I just want to say that this is something that this team .. These kids we were just talking and they are so excited and to learn that each one of them owns a share means that they understand when the US wins, they went to and that something that hasn't always been noticed. ≫Thank you, sir, and thank you Mr. President for giving us the opportunity to serve here I'm blessed and honored with the people that are route -- are around that made this happen. These are founders. Right now to get an understanding of where we are, as we speak more than 10 million accounts out of 70 million are already funded with four and a half billion dollars. By this weekend you will see that moved to $7 billion with more than 25 million. That's 25 million American children who now have a piece of capitalism . What a groundbreaking startup of all time. 70 million children and it all receiving money. And, we will communicate with every one of them. We have access to every family in America and we will make sure that they know the peace that they have of capitalism that many would've never seen before without the great work of the president, the great work of the Secretary, has been my friend for super long time and I'm honored to be here with Michael Dell and Susan that have founded this in seed money for this startup, Brad is an innovator here, Kevin driving it, Senator Cruz, I think it's really important for people to understand that every American child will hear from us to ensure they see their account if you want to go look at it right now, we can go to the app store and see it there. It is right now in the app store outperforming everything. This is President Trump's innovation at work fighting for American children as he always had and we are winning, God bless. ≫The press took the biggest salary cut--- Frank took the biggest salary cut of all time. He was paid like 35 million a year and now we are paying him 175,000 a year. Is that good? But he wanted the job. He loves this country but he may have, I don't know maybe there's someone out there but he took the biggest salary cut in history. ≫ I only made like 200,000 a year. ≫A lot of people think that's a lot I wanted to keep it below that. ≫This is unquestionably going to be the best parts it's a big deal and today is a massive day that your administration is opening a personal investment account for every single kid in America. That personal investment account, if you have a newborn baby, thousand dollars has already been invested in that account that goes straight to the stock market. We also have incredibly generous philanthropists. Mike and Suzanne, they've given $250 to 25 million kids. We have the sixth and seventh graders each of you now has an investment account and you are going to be owners, you know-- own part of McDonald's, next time you order a big Mac you should walk in and say look, I own the place. If you start investing, and keep investing and it grows and you keep investing as you get older you will get hundreds of thousands and if you keep investing literally millions of dollars in these accounts, you are owners which is a big deal and I will tell you what's cool your administration designed the app. It's beautiful you can download from the Trump Accounts store but it makes it really easy for anyone to contribute to your account. You have a QR code that in your next birthday party, your aunt Susie might give you an ugly sweater and you might say to aunt Susie instead of the ugly sweater how about put 50 bucks in my Trump account and you can pull it up on your phone and see it growing. We are creating a whole new generation of capitalists and I want to say, your team, Scott Frank and Kevin have done an extraordinary job and today is a historic moment of legacy for every kid in America. ≫I wanted to ride with Social Security being fully invested in the stock market in the first month of my first year. 2016. Had we did not, Social Security would be the richest entity anywhere in the world had we done that. I was met with tremendous criticism by the Democrats and some Republicans because they felt it was risky. Had we done that, literally if you look back you see. .. I wanted to do it so badly I thought that the country had upward potential. Could you imagine if we did? People would be talking about Social Security. It would've been great. Although we are doing in a way we are doing a version of it with young children and they will ride the markets and it's going to be a great thing for them Michael and Susan? ≫Thank you Mr. President, son honor for us to be back in the White House. I started a company with $1000. In America, school beginning this can-- small beginnings can be, extraordinary. We've become committed to children in America that we will contribute $250 to 25 million Trump Accounts for children. In America. I'm pleased to let you know today that we have funded 10 million of those accounts as of this morning. By the end of this week we will have funded 25 million of those accounts. For filling the promise we made to American children late last year. $250 is the beginning. If you have a child under 18 with the Social Security number, you should claim your account. If you can add to the account you should ask the account and you should teach your children about compounding, about investing, and about the benefits of capitalism. These children will grow up as owners and be the generation that creates the next great companies and innovations in our country. We had 25 million children as owners we've invested in their future and America's future and we are so excited to see what they do. Susan? ≫Over the past month as our contribution has reached millions of children's accounts Michael and I have heard from so many parents and kids and grandparents with these beautiful letters that have truly moved us. Children has told us-- have told us that they want to become entrepreneurs, nurses, doctors, engineers, they want to build their own company someday. We've heard from parents and grandparents that share what it means to them to know that there is an investment in their child's future. These things are so wonderful and so important. It's not just the money that matters. It matters but knowing that someone believes in you and your future, that matters just as much. Every child across the country, these accounts are for you. We believe in you and we want you to drink-- during big because we know that you can make your dreams come true. Parents and grandparents, please claim your child's account. These accounts are ready, they are waiting for you and they have money in them. Claim your child's account and start adding money to their accounts and preserving a wonderful future for them. ≫What a good job. Michael, is she thinking about running for office? ≫No! ≫I will endorse her immediately. She has my complete and total endorsement. Thank you very much folks. Brad?≫What an extraordinary day for the country. I don't think it's an overstatement to say that this is the biggest transformation in the social contract and social fabric of America. For these kids since 1935 when Social Security was passed. Every single child in this country forever more.. . Not for the next four years, forevermore will start off life with an investment account and they are going to compound shareholders in America. Every Republican district, every Democrat district, every state, city block, I grew up in rural Indiana, every one of those kids that felt left out and left behind by the prosperity of America you said to us the MainStreet agenda is that we have to get everyone into the game to share in the upside of the country they said it could be done. You can't possibly create 70 million accounts automatically for every child in the country. We persevered and today is the day we mark the celebration. 70 million accounts and over 25 million accounts funded. $250 million and all that money compounding in the upside of the country and it's not just that. Moms and dads are going wild with these QR codes. We have hundreds of millions of dollars, five dollars, $10, $50 at a time being contributed to. When the money goes in on a Monday, by Tuesday it's invested into the S&P 500. We have companies that want to participate it's hard to keep up. Not just the largest companies in America. Realtors and restaurants, landscapers and contractors they want to adopted their little leagues, schools, the Boys and Girls Club's like we did in Philly. Everyone wants to get involved with helping these kids compound into the next generation. And philanthropists, and Michael and Susan set the bar for what it means to give back in this country. No foundation in the middle a one-page donor agreement. You will wire your money to the treasury of the United States and they send it out to the kids and the list of philanthropists that want to adopt ZIP Codes to cost America, in California and Indiana, the list is long. Today is the day every child forevermore will be a shareholder in this country and would not have happened without your leadership. Thank you very much. ≫Thank you. Did you get a coin yet? Come on over here. This is what everyone wants. Would you like it? ≫Thank you so much.≫Thank you so much. That's a gentleman. ≫ Come over here everyone. Come on over. It's nice to see you. That's a nice one, right? Did anyone get-- did anyone not get any? Just stay there, you're so good looking. Stay there. They can admire you. Terrible. No one has ever seen anything like it. Weaponization of government. I thank you for the question because it's a disgrace. A whole group of slugs that preceded. Weapon iced government. They were tracking my wife and son who is a minor. The young minor. And a very good person. No one has ever seen anything like it. It all came out recently in the files and it's great that it came out, so now people understand what we went through. These were bad people. Sick people actually. Deranged, he lied before Congress, his whole life was a lie so many others. .. It's a bad group of people and he possibly didn't know what was going on, but I think he had a mean streak. Not smart but mean. It's a shame. Thank you for the question. ≫Is the plague in Russia a bio weapon? ≫We don't think so. Were going to find out but we don't think so. They are very sophisticated and smart. It's very much under control. We hope not.≫We heard this before couple years ago, are you getting the same vibe? From Russia that you got from China at the start of Covid? ≫China didn't say much and Russia's not saying much either but they say it is under control. ≫On trumpet counts, how do you expect this to have an involvement in capitalism and do you expect it to diminish socialism especially in our country.≫What a nice and good question. It's going to be fantastic. No one has ever seen these children, you have to be careful because sometimes you call P-- you call someone a child and it's about six months to old. They will see what's going on, as Senator Cruz said they said they will eat McDonald's and say that they own a part of the company. I think it's great and it does have an impact. Some people will say this is the most important thing that we've done. We've done some amazing things but this is something we are proud of. Long-term I think it will have a huge effect on exactly what he said, socialism, communism this is the alternative and it's a great alternative. ≫Thank you can you talk to us about what personally motivated you in the first place and what is your message to other entrepreneurs that might be considering putting wealth into the Trump Accounts?≫Brad called me in 2021 and told me about this idea. We immediately thought of this idea and to be clear, it's not read idea or blue idea, it's a red white and blue idea. We believe the most important investment you can make is in children. We set up a foundation focused on children back in 1999 and we heard about this idea we thought, this would be great for newborns but a platform for families and employers, and philanthropists to immediately and directly impact the futures for these children. Brad and I and Susan we've had many discussions with other philanthropists. I think it will be a number of additional announcements coming in the weeks and months to come. Ultimately, we couldn't be more excited about what this will become overtime. As children start to understand the power of compounding and what all this means for their futures. ≫I want to add, I think this is clearly the most important and impactful initiative that America's children and America has ever known. This is going to affect everyone's lives, not just children's but parents and grandparents that worry about these children and work hard to take care of these children. This is something that's going to touch everyone. ≫No, he was a great Attorney General. I think he will be a great senator. He was one of the best Attorney General's in whole country. I have no regrets at all. ≫They don't have a conflict the people don't work for me. They are consultants and I assume they have a lot of clients. I don't know who their clients are. If I thought they had a conflict with here I would terminate but all they are is consultants. If they don't work in the White House, they're not sitting around the cabinet table or anything like that. They are consultants and I'm sure they have other clients. I'm sure they have many clients. I would ask them should-- sure.≫We been seeing chaos play out in France. You posted online, what's happening in France? Could that happen here in the United States?≫We stopped it. We had the worst, you can call it migration but we had 25 million people pouring into our country illegally that should not have been allowed and they were from places that you don't want to go know about and committed many bad crimes. Drug dealers, many prisons released into our country. Countries like Venezuela and others would release hundred percent of prisoners and bust them over to our border and they would walk into the country. We got most of them out. We got the worst of the worst out. It's a terrible thing. Something like that could be allowed to happen. Now we have a totally. .. We went from the worst border in the country's history to the best. As you know, we have the list of bureaucrat people. Democrats or Republicans, but for the last 17 months zero people have crossed the border. It's impossible to believe but we've had zero people illegally coming into our country from the border. We went from the worst border in history, I think of the world. We have 25 million people crossing, and now we have no one coming in except if they come in illegally. They have to show that they love our country. But you see the numbers, we had last month and it was zero. 17 months in a row, zero. The caravans are no longer. We had caravans of people 25 or 30,000 people in a caravan coming up from various South American countries but it was really from the world. And they walked right into our country and we didn't know if they were good or bad. Many were very bad. ≫Are you planning to visit Alabama and go to the football game on Saturday with the hurricane? ≫Hurricane and football. I love Alabama. I have to go to the game. If there is an emergency, I don't want to do anything to take the focus of all the great people that work on those. They have tremendously great people I don't want to take the focus off. I haven't heard about a hurricane. A hurricane is going in the vicinity of Alabama? That's not good. I want people to be safe. ≫Do you have any regrets on how (inaudible) ≫Last time they gave it to a young lady whose a fabulous person. She said she didn't deserve it that I deserved and she gave it to me and I said what an honor. I settled eight wars another one is coming. I got all the hostages back. I did things no one else has ever done. I'm not bragging, I'm telling you the facts. I settled eight wars. Big ones. Saved millions and millions of lives. When she gave me the Nobel Prize, she said never one-- never anyone in the history deserved it more. I stopped total obliteration of the world because Iran will never have a nuclear weapon and that's a positive thing. Other presidents should've done it before me or someone should've done it so I don't know what their decision is going to be. They have a reputation for maybe not giving it people like me but whether I get it or not, I've done far more I think it would be a great discredit to them. I'm not saying that out of (inaudible) but when you settled eight wars and no one has ever, I bet if you look at the Nobel Prize, Obama and he got a and he had no idea why he got it. In my case, I didn't know they were doing it but it is about that time. I was honored to receive it indirectly. The recipient said no one in history deserves it more than President Trump and since then we've done a lot. I settled eight wars and got all the hostages back and stopped wars from happening. ≫We have heard that you want to turn part of your golf club into a retreat for future presidents similar to Camp David. ≫It's one of the best golf courses in the world. It is all built and in operation for over 20 years. Everyone wants to go there and the advantages, this was suggested by the military answer good service there are no high buildings, no houses, it seems that all presidents play golf and I was asked by the Secret Service and the military who got used to it because if I go there, they will see. It's as safe as they could possibly get. It's only about two minutes away from the airport so they literally would be at that site and they can spend the weekend there. Kind of like camp David retreat. They asked if I would be willing to do it. This would be for me this would be for future presidents. If they want to do that I would be certainly welling. It has a couple of advantages. It does not have houses. Which is a luxury when you could do something and you don't have houses. You have hundreds of thousands --- hundreds of houses down the fairway. You don't have high buildings looming over. And they can get maximum safety. It's a great idea. And it will be used a lot. The other advantage is that it's right next to the airport. ≫You told midterm voters that if Democrats were in control of Congress they will impeach you. For what? ≫They don't know, because they asked to Senators so far and they asked that question and they said President Trump has created the greatest economy. When you see the real company -- economy with factories being built all over. There's never been a time like this where $21 trillion, that's a lot of money for Brad and Michael and Susan. They said President Trump has done a lot. Why would you impeach him? All three did not know. They said, we don't know. One of them was dumbfounded by the question. What would you exactly impeach him for? Well, I don't know. That's as far as we got. With that being said, I could've done bad things to Hillary Clinton. I could've done very bad things to Joe Biden. I could've done very bad things to Barack Obama. I thought it was inappropriate to do so. Because you have to treat the office and the presidency with respect. I found out that they impeached me twice. Even to this moment, I can do whatever I want. They've done very bad things. You mentioned in the form of a question what they did illegally what they did. Many illegal things. I view the presidency as a very sacred position. A very important and sacred position. A position where asked be treated properly. They talk about the word impeachment. It was a very seldom used word with all of the years it's happened seldomly. They went after me twice. I one overwhelmingly, both of them was thrown out overwhelmingly. I was never worried about it. Often times you have one lunatic that started screaming impeach him! Congressman green, he's a lunatic and low IQ person. You cannot treat the presidency with disrespect. Again, I've had my shot and still do. At Biden, Hillary Clinton and Barack Obama. I've had plenty of people say let's go get him. I said, you cannot do that to the presidency. ≫Have you spoken with Putin yet? ≫I have a set up. Today is his birthday. I'm sure you're gonna celebrate it. I have a call set up. ≫ Election integrity before the midterms, they believe that they tried to make it impossible to get that integrity before the midterms. Are there any updates on measures DHS told the states countable ≫We will watch closely during the elections. There are certain things our country needs. One of them is honest elections. We will watch closely. ≫The more joy-- the mortgage rates (inaudible) in your second term is there anything you can do about that? ≫I think Kevin is great, but Kevin is one-vote out of a board with numerous people that were put on by Biden and Obama and a couple of by me. You have a board that would like to see the country do badly in my opinion because interests rates should come down. We have a country that makes other countries very rich. If we didn't make them rich, we wouldn't have a country that would be the greatest AAA (inaudible) in history. There are numerous countries where we have deficits with them. They have big surpluses that we don't need to do that. If you look at Canada, you look at Mexico, Switzerland, big beautiful deficit and they are considered super prime and elite. If we decided not to buy watches from Switzerland, they wouldn't Bily anymore and we would save about $40 billion. We can do all of that but I like to see things on an even and our interest rates should be the lowest. The lowest rate is Switzerland and as I said we contribute to Switzerland There are some countries we need, but in a little while we won't need anything from anyone. As example, we are building right now, we are building Eli Lilly, Pfizer, hundreds of billions of dollars of plants to make our pharmaceuticals and our products. On top of Favored Nations which will lower the drug prices by a numbers no one has ever heard of before. We have a situation where we should have the lowest we should pay the lowest interest rate in the world because we have companies. .. We have countries that way to lose a fortune if it weren't for the United States and they are considered elite and paying ≫You will see that the rest is unlike other countries. Him him him him ≫Is going to be very soon one way or another we will be finished with it but oil will come down to levels I think lower than before the war started. ≫Every single parent is worried about their children's you are the ones that cut that stand for young parents, what message said that send to parents? ≫We love your children, we will take care of your children like no one has ever done. ≫This is the future for kids and its transformation to get a sense of the broadness of the impact, a little over a month ago, Gavin Newsom had a press conference celebrating the trumpet counts. Miracles can happen, Gavin Newsom said nice things about you and me. That's justification of how powerful this is and 10, 20, 30 years ago the impact for kids having estate-- a stake in the future, and ownership stake in the future, this will move all of us toward personal investment accounts and having a stake in the future. That's transformation. ≫We had Adam he said

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