DBS WIRE: FOX NEWS video
Speaking at the White House during the rollout of the administration’s new Trump Accounts program, President Trump paused to praise the Texas senator before delivering one of the day’s biggest laughs.
“He’s done a wonderful job as a senator, highly respected,” Trump said. Then Trump recounted a conversation about Cruz’s future. “In fact, somebody said, would you ever appoint him to the United States Supreme Court? Because he’s a brilliant lawyer, Ted.” That’s when Trump delivered the punchline.
“They said, well, he’s the only one I can think of that’s going to get 100 votes. All Republicans will vote for him. All Democrats will vote for him because they want to get him the hell out of the Senate.”
The room erupted. Trump wasn’t finished. “No, if I was having a hard time with getting the votes, I would appoint Ted Cruz. I’d get 100 percent, a guarantee.”
The lighthearted exchange provided comic relief during an event focused on one of the administration’s most ambitious economic initiatives: giving millions of American children a direct stake in the U.S. economy through federally seeded investment accounts.
The newly launched Trump Accounts program will provide eligible children born between January 2025 and December 2028 with a $1,000 investment account tied to the performance of broad-market index funds. Family members, employers and charitable organizations can contribute additional funds over time, allowing the accounts to grow alongside the American economy.
“Those accounts will grow with the economy,” Trump said. “They’re going to do very well.”
Administration officials say the program is designed to encourage ownership, investing and long-term wealth creation from the earliest stages of life. Treasury Secretary Scott Bessent described the initiative as a way to give every child “a stake in the American Dream from day one.”
The accounts represent a significant departure from traditional government benefit programs. Rather than expanding entitlement structures, the initiative seeks to expand stock ownership and financial participation among American families.
Several major corporations have already announced support for the effort, with participating employers pledging matching contributions for eligible employees’ children.
Supporters argue that the program introduces millions of families to the power of compound growth and long-term investing, principles that have historically helped Americans build wealth through ownership rather than dependence.
Leave it to Trump.
Most politicians would roll out a new economic program with three binders, two charts, a consultant and a warning label.
Trump rolls out a plan to give American kids investment accounts and somehow turns it into a roast of Ted Cruz.
And honestly, that’s why people watch.
DBS WIRE SOURCES:
- U.S. Treasury Department — Treasury Announces Official Launch of Trump Accounts
- Fox Business — Major corporations back Trump Accounts initiative for employees’ children
- New York Post — Trump launches investment accounts for American children as part of America 250 agenda
- Reuters — White House unveils child investment account program tied to economic growth
- Axios — What to know about Trump Accounts and the administration’s wealth-building initiative
- Wall Street Journal — Trump administration promotes ownership-based savings accounts for children
- Associated Press — New federal investment account program aims to expand financial participation among families
