White House turning into a "trading floor"? Two major US stock exchanges will ring the bell in the Oval Office for the first time

Odaily Planet Daily News, Hassett, Director of the National Economic Council at the White House, stated that to celebrate the official launch of the "Trump Account" for minors, officials from 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 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' and to let 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 be officially launched 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 provided by 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 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 being sworn in for his second term. (Jin Shi)