Nasdaq, NYSE to Ring Bell From Oval Office, Tout Trump Accounts

Nasdaq and NYSE officials will ring the opening bell from the Oval Office to celebrate the launch of Trump Accounts for minors, a tax-advantaged savings program announced by President Donald Trump. The accounts, launching July 4, will provide a $1,000 initial investment from the US government for every citizen born between 2025 and 2028, with additional contributions from Dell founder Michael Dell.

Bloomberg -- Officials from the Nasdaq and the New York Stock Exchange plan to ring the opening bell from the Oval Office to mark the launch of Trump Accounts for minors, top White House economic adviser Kevin Hassett announced. Most Read from Bloomberg - Trump's U-Turn on Iran Sanctions Would Unravel Decades of Curbs https://www.bloomberg.com/news/articles/2026-06-28/trump-s-u-turn-on-iran-sanctions-would-unravel-decades-of-curbs?utm campaign=bn&utm medium=distro&utm source=yahooUS - US and Iran Agree to Halt Attacking Each Other Ahead of Talks https://www.bloomberg.com/news/articles/2026-06-28/us-strikes-iran-again-as-tit-for-tat-attacks-test-ceasefire?utm campaign=bn&utm medium=distro&utm source=yahooUS - Oil Trades Near Four-Month Low as US and Iran Halt Fresh Attacks https://www.bloomberg.com/news/articles/2026-06-28/latest-oil-market-news-and-analysis-for-june-29?utm campaign=bn&utm medium=distro&utm source=yahooUS - Prabowo Risks Prompt Global Banks to Pull Cash Out of Indonesia https://www.bloomberg.com/news/articles/2026-06-28/citi-hsbc-stanchart-send-more-indonesia-profits-home-as-prabowo-demands-rise?utm campaign=bn&utm medium=distro&utm source=yahooUS "We're having a big opening bell ceremony next week, where Nasdaq and the New York Stock Exchange are going to ring the bell from the Oval for the first time together," Hassett said Monday on CNBC. "They're doing that to celebrate the accounts to make sure everybody knows it's time to get an account for your kid, even if it's not born this year." The tax-advantaged savings accounts that President Donald Trump previously announced will launch on July 4. Every US citizen born between 2025 and 2028 — the time period covering his second term — can receive an initial $1,000 investment from the US government, but older children can also use the accounts. Certain other children may be eligible for a $250 contribution from Dell Technologies Inc. founder Michael Dell and his wife Susan. The White House did not immediately respond to a request for comment on the plans. Trump rang the bell from the NYSE in December 2024 before taking office for the second time. Most Read from Bloomberg Businessweek - Trump Wants These Big, Beautiful Boats. To Get Them, He Needs Finland https://www.bloomberg.com/news/features/2026-06-26/trump-s-us-shipbuilding-revival-depends-on-finnish-ships?utm campaign=bw&utm medium=distro&utm source=yahooUS - 'Southern Squeeze' Grips US Cities Once Known for Affordability https://www.bloomberg.com/news/features/2026-06-29/high-gas-prices-and-home-prices-make-atlanta-nashville-less-affordable?utm campaign=bw&utm medium=distro&utm source=yahooUS ©2026 Bloomberg L.P.