Only Trump Would Think of Ringing Both Wall Street Opening Bells From the Oval Office

Trump said Thursday he'll ring the opening bell for both the New York Stock Exchange and Nasdaq from the Oval Office next week. Both exchanges. At the same time. From the White House.

NEW: @POTUS announces that he will ring the Nasdaq and NYSE opening bell from the Oval Office next week for the launch of Trump Accounts. pic.twitter.com/NZOh2n3OUa
— Rapid Response 47 (@RapidResponse47) July 2, 2026

"They're going to have a bell on the New York Stock Exchange and Nasdaq. I said, 'What do you mean they don't do both?' ... They're doing it together... The bell is going to be right there."

It's the official launch of Trump Accounts, which go live July 4. The program was created under the One Big Beautiful Bill — 530A accounts for kids under 18. Children born between Jan. 1, 2025, and Dec. 31, 2028, get a one-time $1,000 Treasury deposit once a parent or guardian opens an account. Families and other contributors can add up to $5,000 a year, which will be invested in U.S. stock funds. The funds are managed by Bank of New York Mellon and tracked through a Robinhood-built app.

At 18, the account converts into a traditional IRA and the kid takes over. They can let it keep growing, pull funds for college or a first home, or leave it alone until retirement. The administration estimates a $1,000 deposit at birth, with no additional contributions, grows to roughly $6,000 by age 18 and $243,000 by age 55, based on historical S&P 500 returns.

.@POTUS on the power of @TrumpAccounts: A child has no money, and when that baby becomes a man or a woman, that baby could have hundreds of thousands of dollars — because we're seeding it, and philanthropists like Michael Dell are donating billions of dollars. https://t.co/TGb2CLiL4X pic.twitter.com/xIqy8mGqiU
— Rapid Response 47 (@RapidResponse47) July 2, 2026

"A child has no money, and when that baby becomes a man or a woman, they can have hundreds of thousands of dollars, maybe more, because we're seeding it."

The private sector is already in. Michael Dell is putting up $6.25 billion. That money goes to children born between 2016 and 2024 in eligible ZIP codes. $250 per kid. An estimated 25 million children qualify for that grant. Micron committed $250 million separately, including direct $250 deposits for children in counties where it operates across Idaho, New York, Virginia, and several other states. SoFi, BlackRock, Robinhood, and Charles Schwab are among the companies that have announced matching programs for employees' children. Ray Dalio and his wife Barbara have pledged additional donations for children in Connecticut.

"So many companies are doing it," Trump said.

Six million enrolled and climbing. About 1.5 million of them qualify for the federal $1,000 deposit. The administration has billboard campaigns and community outreach planned to keep it moving.

Parents file IRS Form 4547 or go through TrumpAccounts.gov, then the app. H&R Block alone opened more than two million accounts for its tax prep clients this year, about a third of all accounts opened nationwide. Uptake was 99 percent among clients whose children qualified for the free $1,000. When there's money on the table, parents show up.

Trump said the head of NYSE and the head of Nasdaq are both coming to the White House for next week's ceremony. Two exchanges. One Oval Office. The program puts stock market access in the hands of kids who'd otherwise age out of childhood with nothing.

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