Treasury Secretary Bessent Announces "One Big Beautiful Bill" to Fund Child Investment Accounts

Treasury Secretary Scott Bessent announced on November 20, 2025, a new government initiative under the "One Big Beautiful Bill" that will provide investment accounts for every American child born over the next three years. These accounts, designed to grow in the stock market, aim to foster financial literacy and long-term wealth building.

"Thanks to the One Big Beautiful Bill, every American child born over the next three years will receive a government investment account that grows in the stock market," Secretary Bessent stated in a social media post. He added that "When these young Americans turn 18, they will be able to access this account, learning the power of compounding returns and building real financial literacy along the way."

The program, introduced by the Trump administration, outlines that initial funding for these accounts will be provided by the U.S. Treasury. Parents will also have the option to contribute up to $5,000 annually to their child's account, augmenting the initial government investment. This structure is intended to maximize the benefits of compounding returns over the children's 18-year growth period.

Secretary Bessent, who assumed his role on January 28, 2025, has been a vocal advocate for financial literacy and economic empowerment. His background as a hedge fund manager and former Chief Investment Officer of Soros Fund Management lends significant weight to his promotion of investment-focused initiatives. This announcement aligns with broader discussions around wealth inequality and intergenerational wealth transfer.

The "One Big Beautiful Bill" appears to be a comprehensive legislative package, with earlier reports indicating it also includes provisions for a $2,000 "tariff dividend" for Americans. While the tariff dividend has faced scrutiny regarding its inflationary impact, the child investment accounts are presented as a long-term strategy for economic stability and individual prosperity. The administration has emphasized that inflation is under control, suggesting these measures are part of a broader affordability push.