Official video released by the White House Press Office
U.S. Treasury Secretary Bensons said, "If you deposit $1,000 at birth into a Trump account, it will grow to over $600,000 by retirement age. President Trump has made the American Dream achievable for every citizen, regardless of their background."
According to official records from the U.S. Department of the Treasury, this content is true, and it is the original speech by U.S. Treasury Secretary Bensons on the "Trump Account" program on December 17, 2025.
The "Trump Account" is an investment savings program established for newly born citizens, with the following key points:
· Beneficiaries: U.S. children born between January 1, 2025, and December 31, 2028.
· Initial Funding: Each person receives a $1,000 "seed fund" from the federal government, which is automatically invested in an index fund.
· Additional Contributions: Parents, relatives, or employers are allowed to make additional annual contributions of up to $5,000.
· Fund Usage: The account can be withdrawn after the holder turns 18 for education, purchasing a first home, or supplementing retirement savings, among other purposes.
The statement by Bensons that "the $1,000 becomes $600,000" is entirely based on optimistic predictions of long-term historical market performance. However, historical returns in financial markets do not guarantee future results. Achieving this goal would require the U.S. economy to maintain high growth over an extended period, facing many uncertainties such as economic cycles, inflation, and policy changes.
In summary, the secretary's speech is a comprehensive text that combines specific policy explanations, long-term economic forecasts, political propaganda, and ideological positions. It portrays a blueprint for achieving the "American Dream" through ownership of financial assets, but its promises depend heavily on the economic performance over the next several decades, and it faces questions about fairness in its institutional design.
Original: toutiao.com/article/1851898390401036/
Statement: This article represents the views of the author himself.