Middle Schooler Quizzes Scott Bessent On Financial Literacy And Trump Accounts

Treasury Secretary Scott Bessent fielded a question on financial literacy from an unexpected source after a roundtable discussion on Monday: an eighth grade girl.

Secretary Bessent took questions after delivering remarks at the Long Island 💼Business Roundtable just days before National Financial Literacy Month in April, where he spoke on tax cuts and the Trump administration’s economic plans. The first question came from a middle school student at Holy Child Academy who was introduced by New York GOP gubernatorial candidate Bruce Blakeman.

After giving her name and school, the young girl asked Bessent, “I was wondering if, as a middle schooler, can I still get a Trump account and how can I start building financial literacy at my age?”

“Great, great questions,” Bessent said to begin his answer. He explained that, while the initial $1,000 contribution from the Treasury will be available only to children born during President Donald Trump’s current administration, parents are encouraged to sign up for the program.

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“Any child under 18, the parents can open an account and contribute to those accounts, up to $5,000 every year,”