White House Turns Into a "Trading Floor"? Two Major U.S. Stock Exchanges to Ring the Bell for the First Time in the Oval Office

Odaily Planet Daily News: Hassett, Director of the White House National Economic Council, stated that to celebrate the official launch of the "Trump Account" for minors, officials from the Nasdaq and the New York Stock Exchange plan to jointly ring the opening bell at the White House Oval Office.

Hassett said: "Next week, we will hold a grand opening bell-ringing ceremony, where the Nasdaq and the New York Stock Exchange will ring the bell together at the Oval Office for the first time. They are doing this to celebrate the official launch of the 'Trump Account,' letting everyone know that now is the time to open an account for their children, even if the child was not born this year." This tax-advantaged savings account, previously announced by Trump, will officially launch on July 4th. All U.S. citizens born between 2025 and 2028—a period covering Trump's second presidential term—will receive an initial investment of $1,000 from the U.S. government.

However, older children can also open and use such accounts. Additionally, some eligible children may receive a $250 capital injection from Dell Technologies founder Michael Dell and his wife Susan. The White House has not yet immediately responded to a request for comment on the above arrangement. Trump previously rang the opening bell at the New York Stock Exchange in December 2024, before his second inauguration as president. (Jin Shi)