Financial Literacy Commission focuses on Trump Accounts during public meeting

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Scott Bessent Secretary | U.S. Department Of Treasury

Financial Literacy Commission focuses on Trump Accounts during public meeting

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The U.S. Department of the Treasury held a public meeting of the Financial Literacy and Education Commission (FLEC) on February 6, 2026, in Washington. The session centered on the implementation and outreach for Trump Accounts, a program aimed at providing every American child with an investment account to promote financial literacy.

Secretary of the Treasury Scott Bessent chaired the meeting and opened by stating, "Trump Accounts create by making every American child a shareholder and advancing financial literacy through real-world investing experience." He urged federal agencies to incorporate Trump Accounts into their ongoing financial education efforts.

Remarks were also delivered by Jonathan Gould, Comptroller of the Currency; Kyle Hauptman, Chairman of the National Credit Union Administration; Lori Chavez-DeRemer, Secretary of Labor; Frank Cassidy from Housing and Urban Development; and Frank Bisignano, Commissioner of Social Security Administration and CEO of the Internal Revenue Service.

Matt Garber, Deputy Assistant Secretary for Fiscal Operations and Policy at Treasury, provided an update on how Trump Accounts are being implemented. A panel discussion followed with input from leaders in investor education and economic education organizations. Panelists included Gerri Walsh from FINRA Investor Education Foundation; Steven Johnson from College Savings Plans Network; Chris Caltabiano from Council for Economic Education; John Moses from the Securities and Exchange Commission; and Melanie Mortimer from SIFMA Foundation.

According to officials at the meeting, Trump Accounts are intended to help children learn about investing principles such as compound growth and long-term planning. The FLEC will also update its U.S. National Strategy for Financial Literacy this year. The Treasury has published a request for information seeking feedback on revising this strategy to keep programs effective and relevant.

The public is invited to submit comments until April 6, 2026.

A recording of the meeting is available here.

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