How do I open a ‘Trump account’? The IRS has one simple solution for you.
People can’t contribute money to the tax-advantaged investment accounts for children until July, but they can start the process of opening one now
Last updated: 2026-01-29 18:38:42 ET
People can’t contribute money to the tax-advantaged investment accounts for children until July, but they can start the process of opening one now
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss how the new Trump Accounts work and the consumer impact after the Federal Reserve announced it won't cut rates at its meeting on Wednesday.
In an interview with CBS News, Treasury Secretary Scott Bessent defended the DOJ investigation into Fed Chair Jerome Powell, saying, "I think that the message is that independence does not mean no accountability." He also addressed the new Trump Acco...
An audit from a government watchdog alerted the IRS of the mistake and the agency took steps to credit the tax accounts affected by the oversight.
Treasury Secretary Scott Bessent addressed the ongoing investigation into Federal Reserve Chair Jerome Powell and the White House's new $1,000 "Trump Accounts" in an interview with Kelly O'Grady. Read the full transcript of their conversation.
Tesla tops Q4 earnings estimates, Kraken co-CEO talks adding crypto to Trump accounts
Treasury Secretary Scott Bessent emphasized the benefits of Trump Accounts and addressed affordability concerns in an interview with CBS News.
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Two of the biggest U.S. banks said they would match a $1,000 federal contribution for employees who open a Trump Account, touting the plan as a way to save money.
Treasury Secretary Scott Bessent touts Trump accounts, what he wants to see from the Fed