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Nearly four in ten American families don't own stocks. Treasury Secretary Scott Bessent says that's a problem the new Trump Accounts are designed to solve.
Jennifer Schonberger speaks with Treasury Secretary Scott Bessent about the launch of Trump Accounts, why the administration believes early investing matters, how the accounts work, and why long-term participation in the stock market could improve financial literacy and wealth building.
The conversation explores investing, compound growth, financial education, and expanding access to the U.S. equity market.
Timestamps
00:00 Why Trump Accounts matter
00:57 The investing gap
01:27 Why low fees matter
02:22 The lowest-cost fund
02:46 Future investment options
03:21 Donations and philanthropy
03:49 More funding expected
04:33 Who can participate
#investing #stockmarket #trumpaccounts #scottbessent #financialliteracy #wealthbuilding #yahoofinance
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