For the first time, both the New York Stock Exchange and Nasdaq will ring their opening bells from the Oval Office. The unprecedented joint ceremony, scheduled for the week of June 29, 2026, promotes the launch of “Trump Accounts,” a federal savings program providing qualifying children a $1,000 investment in the US stock market.
The program targets children born between 2025 and 2028, with deposits starting July 4, 2026. Each eligible child receives a one-time federal seed contribution defaulting to the State Street SPDR Portfolio S&P 500 ETF. Parents can also select other broad-market funds, including IVV, VTI, SPTM, and ITOT. Additional family contributions and stock donations are permitted.
Nasdaq has pledged to match the $1,000 federal contribution for its US employees’ children born after January 1, 2025.
The initiative contains no digital asset component; eligible investments are strictly traditional equity index ETFs and mutual funds. With roughly 3.6 million annual births, the full federal contribution could approach $3.6 billion in new equity demand across the 2025-2028 cohort.