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PoliticsTrump rings NYSE and Nasdaq opening bells remotely to launch Trump Accounts
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On July 6, 2026, President Donald Trump presided over a historic joint opening bell ceremony at the New York Stock Exchange and Nasdaq from the Oval Office, marking the launch of Trump Accounts. These tax-advantaged investment accounts are available to all U.S. children 18 and under, created under the 2025 Republican tax and spending bill. As part of a pilot program, the Treasury will deposit $1,000 into accounts for children born between 2025 and 2028, exclusively during Trump's term. Treasury Secretary Scott Bessent noted that 38% of American families lack equity market exposure. Corporate executives including Dell CEO Michael Dell, Visa CEO Ryan McInerney, and Robinhood CEO Vlad Tenev attended the event. The launch comes amid midterm election pressures, with only 33% of adults approving Trump's economic performance and consumer prices rising 4.2% year-over-year. The S&P 500 has gained about 10% in the first half of 2026. The event also coincides with scrutiny of Trump's finances after a disclosure revealed over 21,000 stock trades by his brokers in the past year.
Source report
Colleen Cabili Mon, July 6, 2026 at 6:44 AM PDT | 2 min read
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The New York Stock Exchange and the Nasdaq jointly rang their opening bells from the Oval Office on Monday, with President Donald Trump presiding. It was a historic double-first, as neither exchange had previously held the ceremony at the White House, nor had both ever opened the trading day together.
The event marked the first day of trading for Trump Accounts — tax-advantaged investment accounts available to all U.S. children 18 and under. Republicans included the accounts in their sweeping 2025 tax and spending cuts bill as a way to give children access to stock index investments. As part of a pilot program, the Treasury Department will deposit $1,000 into accounts for children whose births fall between 2025 and 2028 — only during Trump's term in office.
Treasury Secretary Scott Bessent said before the bell ringing that 38% of American families have no exposure to equity markets. The accounts are designed to track stock market growth, similar to retirement savings accounts.
A group of corporate executives attended the Oval Office event. Among them were:
- Michael Dell, CEO of Dell
- Ryan McInerney, CEO of Visa
- Vlad Tenev, CEO of Robinhood
Speaking as he arrived at the White House, Tenev described the accounts as potentially transformative.
"This makes real the promise of the American dream, not for some but for everybody," investor Brad Gerstner said, according to CNBC.
With midterm elections drawing closer, Trump has increasingly staked his political identity on the direction of financial markets. A June poll from the AP-NORC Center for Public Affairs Research found just 33% of American adults give Trump positive marks on the economy — a figure that comes amid consumer prices having climbed 4.2% year over year, compared with a 3% rate at the start of his second term in January 2025.
After advancing 17.9% in 2025, the S&P 500 is up around 10% through the first half of this year.
The bell-ringing event coincides with renewed public scrutiny of Trump's finances. Last week's 927-page financial disclosure filing revealed that brokers acting for Trump executed upward of 21,000 stock trades over the past year — a total that surpasses the known trading activity of every prior president during their time in office.
Source
Yahoo FinanceWestern
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Trump Accounts launching July 4, 2026 for American children