A bill to provide for the automatic establishment of Trump accounts using information collected under the Enumeration at Birth Program of the Social Security Administration.

United States119th CongressS-5243Senate
Updated: Aug 5, 2026

Summary

This bill proposes the automatic establishment of Trump accounts for all newborn children in the United States. It mandates the Commissioner of Social Security to modify the existing Enumeration at Birth Program to collect and transmit specific information about newborns to the Secretary of the Treasury. Upon receiving this data, the Secretary of the Treasury is directed to establish a Trump account for each child. The bill defines "Trump account" by referencing its meaning under section 530A of the Internal Revenue Code of 1986.

Bill texts

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Introduced (Senate)View official text

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Timeline

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Finance.

    Senate

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