local
'Trump accounts' will bring financial literacy for millions, Treasury Secretary says
By Haley Bull at KXXV (ABC 25) News
· July 6, 2026
· 3 min read
The White House touted the launch of Trump Accounts Monday, announcing that millions of families had signed up to hold the specialized deposit accounts since they became available on July 4.Under the program, parents can open special investment accounts for any child born during Trumps second ter...
Key takeaway Treasury Secretary Scott Bessent said that 86% of the 6 million signed up came from families earning less than $200,000.
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About this story
Original reporting by KXXV (ABC 25) News . The Waco surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KXXV (ABC 25) News . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 6, 2026 ·
Source: KXXV (ABC 25) News ·
Reading time: 3 min
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Frequently asked about this story
What is this story about? The White House touted the launch of Trump Accounts Monday, announcing that millions of families had signed up to hold the specialized deposit accounts since they became available on July 4.Under the program, parents can open special investment accounts for any child born during Trumps second ter...
When was this published? This article was first published on July 6, 2026 by KXXV (ABC 25) News and curated for The Waco readers.
Who reported this story? This story was reported by Haley Bull at KXXV (ABC 25) News. To learn more about how The Waco selects and reviews stories, see our editorial standards .
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