Trump rings Wall Street's opening bells as he ties his presidency to stock market gains
Trump used the Oval Office event to promote child investment accounts as Treasury said 6 million have already been opened.
- Today, President Donald Trump rang the opening bells for the New York Stock Exchange and the Nasdaq from the Oval Office, a symbolic act reflecting his increasingly close ties to the stock market.
- Treasury Secretary Scott Bessent championed Trump Accounts, a vehicle created in Republicans' 2025 tax and spending cuts bill to allow children to have stock index investments and broaden participation.
- The benchmark stock index has risen roughly 10% this year, yet the consumer price index has climbed 4.2% over the past 12 months, creating tension between market gains and household costs.
- Only 33% of American adults approve of Trump's economic leadership according to The Associated Press-NORC Center, while 38% of American adults do not own stocks and miss market gains.
- Rising prices have pressured public support as Trump has tried to focus voters on their investments ahead of November midterm elections, though inflation concerns may limit the strategy's effectiveness.
113 Articles
113 Articles
Trump Accounts Open With $1,000 Free Cash for Every Eligible Baby as Dow Storms Past 53,000 for First Time Ever
President Donald Trump rang the opening bell from the Oval Office as the Dow Jones closed above 53,000 for the first time, marking the launch of a savings scheme that hands eligible American newborns £749 ($1,000) in free cash. The so-called Trump Accounts went live on 4 July 2026, timed to the 250th anniversary of American independence, and began their first full trading day on Monday 6 July. Every US-citizen child born between 1 January 2025 a…
Baby's first stock portfolio: Trump marks 'Trump Accounts' launch with historic bell-ringing
For the first time ever, the New York Stock Exchange and Nasdaq have jointly rung their bells from the White House.President Trump rang the opening bells of both exchanges from the Oval Office on Monday, marking the official launch of Trump Accounts for children.'Children, at the age of 18 and after, become very wealthy people, come into the world with essentially no money and end up, at a pretty young age, being very rich.'The accounts, created…
President Donald Trump launched "Trump Accounts," a savings and investment account for children, and rang the stock market bell from the White House to open the trading day. The government provided an initial $1,000 to each newborn child.
Trump Cheers as More than 6M People Sign up for Trump Accounts
President Donald Trump on Monday celebrated the launch of Trump accounts, saying that more than 6 million Americans had signed up for the project. Earlier in the day, he formally rang the bell to open the New York Stock Exchange and NASDAQ from the White House as part of a ceremony marking the launch.
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