PERSONAL FINANCE

Trump accounts sign up 5 million kids, with 1.2 million eligible for $1,000 seed money, Bessent says

PUBLISHED WED, APR 15 20268:00 AM

KEY POINTS

• Trump accounts have signed up 5 million kids, according to Treasury Secretary Scott Bessent.

• Some 1.2 million of those children are eligible for a $1,000 pilot program contribution from the U.S. Department of the Treasury, Bessent said at CNBC’s Invest in America Forum on Wednesday.

• The $1,000 Treasury seed money is available to babies born between 2025 and 2028.

• Parents or guardians can elect to open Trump accounts for their kids via IRS Form 4547 with their 2025 tax return or online through TrumpAccounts.gov.

Trump accounts have signed up 5 million children, and 1.2 million are eligible for a $1,000 pilot program contribution, Treasury Secretary Scott Bessent said during CNBC’s Invest in America Forumon Wednesday. (Seriously with 31 billion citizens, there’s a lot more children should be partying.)

Enacted via President Donald Trump’s “big beautiful bill,” the new tax-deferredinvesting accounts for children will officially launch on July 4.

While all U.S. children under age 18 with a Social Security number can open a Trump account,the $1,000 Treasury seed money is available to babies born between 2025 and 2028.

“The $1,000 is just the starting point,” Bessent said.

A growing number of companies have pledged to match the $1,000Treasury deposit, and philanthropists in multiple states have committed to seed the accounts for qualifying families.

After pledging $6.25 billion to fund Trump accounts last year, tech CEO Michael Dell said Wednesday more commitments could be coming. “We have others joining us,” Dell said at the event.

Theaccounts can receive contributions from multiple sources, including qualifying charitable organizations and state and local governments.

“You can sponsor a zip code, you can sponsor aschool district, an individual school, 10 kids in your neighborhood,” Dell said.

“We have a city that is talking about…if you are involved in community service, they’ll add to your account. If youget good grades, they’lladd to your account,” Dell said.

Bank of New York Mellon will manage the initial accounts and has partnered with Robinhood to develop a Trump accounts app, according to an earlier announcement.

“It basically becomes a platform for investing and teaching kids about capital and capitalism,” Dell said Wednesday.

The start of tax season on Jan. 26 was the first opportunity for families toelect to open Trump accounts and claim the Treasury’s $1,000 seed money by filing IRS Form 4547 with their 2025 tax returns.

Less than two weeks later, following a 30-second Super Bowl ad forTrump accounts, families could also start submitting Form 4547 online via (TrumpAccount.gov).(someone indicated Trump account website is a scam)

https://www.cnbc.com

Iran war live: Pakistani army chief in Tehran amid bid to restart US talks4/15/26

Pakistan’s army chief,Field Marshal Asim Munir, has landed in Iran as part of a delegation to hold high-level talks on the resumption of talks between Iran and the US.

Iran’s army has warned it will block trade through the Red Sea along with the Gulf and Sea of Oman if the US naval blockade on Iranian ports continues.

The US military says it has “completely halted economic trade going into and out of Iran by sea” as its blockade in the Strait of Hormuz continues for a second day.

US President Donald Trump says the war is “close to over” after hinting at a second round of face-to-face talks with Iran in Pakistan in the coming days.

Visit our live tracker for the latest casualty figures from across the region.

https://www.aljazeera.com/news/liveblog/2026/4/15/iran-war-live-trump-hints-at-second-round-of-talks-israel-pounds-lebanon

EXPLAINER

What to know about talks between Pakistani, Iranian delegations

A Pakistani delegation led by army chief Asim Munir haslanded in Tehran to bring a new message from Washington and discuss a second round of talks.

The Pakistan military’s media wing saidInterior Minister Mohsin Naqvi was also in the Iranian capital “as part of the ongoing mediation efforts”.

Iran confirmed that the sides had kept talking via Pakistanafter a first round of talks with the US in the Pakistani capital Islamabad fell flat over the weekend.

The diplomacy comesagainst the backdrop of optimistic comments by US President Donald Trump, telling the world to brace for an “amazing two days” as the war with Iran was close to over.

It also comes a day after Trump saidhis negotiators were likely to return to Pakistan, thankslargely to the “great job” army chief Munir was doing to moderate the talks.

Meanwhile, a fragile two-week ceasefire remains in place between the US and Iran and is set to expire on April 22.

Mediators are pushing for a compromise on three main sticking points that derailed direct talks last weekend,namely Iran’s nuclear program, the reopening of the Strait of Hormuz and compensation for Iran’s wartime damages.

https://www.aljazeera.com/news/liveblog/2026/4/15/iran-war-live-trump-hints-at-second-round-of-talks-israel-pounds-lebanon

(The EU countries that refused to help, should pay whatever retribution money they want.)

LIVE

updated 29 minutes ago

Regional powers push diplomacy as Trump says Iran war ‘close to over’

Summary

• The United States and Iran have agreed in principle to meet but have not decided on a date or venue, the Wall Street Journal reported, citing officials.

• US President Donald Trump said on Wednesday that China had agreed not to send weapons to Iran and that he was “permanently opening” the Strait of Hormuz.

• Iran said on Wednesdayits forces would act to halt trade flows across the Persian Gulf, Gulf of Oman and the Red Sea if the US continues its maritime blockade.

• Iran’s internet blackout enters 47th day, cutting off access to global connectivity and limiting communication with people abroad, NetBlocks said.

37 minutes ago

Trump says Iran deal possible before King Charles’ US visit – Sky News

US President Donald Trump said in an interview with Sky News that it was “possible” Washington would reach a peace deal with Tehran before King Charles visits the United States from April 27 to 30.

“It’s possible. Very possible. They’re beaten up pretty bad,” Trump said in an excerpt released on Wednesday. “It’s very possible.”

38 minutes ago

Iranian minister says internet restrictions beyond cabinet's power

Iran’s science minister says the country’s communications ministry is facing “considerations beyond its authority” over ongoing internet restrictions, despite repeated contacts between the two ministries.

Speaking on Wednesday, he said his office had held numerous discussions with the communications ministry about restoring connectivity.

He warned that education and technological research cannot function without internet access.

45 minutes ago

Nine vessels turn back during US blockade of Iranian ports - CENTCOM

The United States says its blockade of Iranian ports has so far stopped all maritime traffic attempting to pass through.

In a post on X, US Central Command said that during the first 48 hours of the operation no vessels had made it past U.S. forces enforcing the blockade.

CENTCOM added that nine vessels complied with instructions to turn around and return toward Iranian ports or nearby coastal areas.

46 minutes ago

Trump to keep naval blockade until Iran serious on deal – BBC

US President Donald Trump is content to keep the naval blockade in place until he believes Iran is serious about reaching a deal, the BBC reported.

59 minutes ago

IMF says at least 12 countries seeking new programs due to Middle East war

The International Monetary Fund expects at least a dozen countries, including some in Sub-Saharan Africa, to seek new lending programs due to surging energy prices and supply chain disruptions caused by the war in the Middle East, IMF Managing Director Kristalina Georgieva said on Wednesday.repeated her estimate that the conflict could trigger demand for $20 billion to $40 billion in IMF lending, including augmentations of existing programs and new arrangements.

She warned countries against adopting untargeted measures such as broad energy subsidies to offset rising prices, saying they would only “prolong the pain of high prices.”

1 hour ago

BREAKING NEWS

Hezbollah lawmaker says Lebanon ceasefire could come soon – Reuters

Iranian and regional efforts could lead to a ceasefire in Lebanon soon, Hezbollah lawmaker Ibrahim al-Moussawi told Reuters on Wednesday.

“The Iranians are exercising high pressure against the Americans and they have put their conditions that the Americans should include Lebanon in the ceasefire. If they don't do it, they are going to continue their blockade of Hormuz. It's the economic card,” Moussawi said.

“The Iranians have opened up to several regional and international parties to achieve this goal,” he added.

declined to comment on whether the Iran-backed group would abide by such a ceasefire.

1 hour ago

Pakistan’s army chief lands in Iran – Al Jazeera

Pakistan’s army chief, Field Marshal Asim Munir, has landed in Iran, Al Jazeera reported, citing Iranian sources.

The visit comes after Iran’s state media reported that a Pakistani delegation was heading to Tehran to convey a message from the United States and help arrange a second round of talks between Washington and Tehran.

2 hours ago

Israeli security cabinet to discuss possible ceasefire with Lebanon – Reuters

The Israeli security cabinet will convene at 8 p.m. (1700 GMT) to discuss a possible ceasefire with Lebanon, Reuters reported, citing a senior Israeli official.

2 hours ago

BREAKING NEWS

US, Iran agree in principle to meet but no date or venue set – WSJ

The United States and Iran have agreed in principle to meet but have not decided on a date or venue after marathon peace talks in Islamabad ended without a deal, the Wall Street Journal reported, citing officials familiar with the matter.

Regional mediators are pushing to extend the cease-fire between the United States and Iran and arrange a second round of talks, but progress has been slow, the officials said.

Progress on the talks remains slow, they added.

2 hours ago

Germany’s Merz to attend Paris conference on Hormuz mission – Reuters

German Chancellor Friedrich Merz will travel to Paris on Friday to participate in a conference of countries willing to contribute to a defensive multilateral mission in the Strait of Hormuz, Reuters reported, citing a government source.

2 hours ago

Starmer says UK will not be dragged into Iran war

British Prime Minister Keir Starmer said on Wednesday he would not yield to pressure from US President Donald Trump for the United Kingdom to become involved in the Iran war.

“My position on Iran has been clear from the start: We’re not going to get dragged into this war,” Starmer said during Prime Minister’s Questions in Parliament.

“I’m not going to change my mind, I’m not going to yield. It is not in our national interest to join this war and we will not do so. I know where I stand.”

NEWSPakistani delegation heading

2 hours ago

BREAKING NEWS

=US, Iran agree in principle to meet but no date or venue set – WSJ==

The United States and Iran have agreed in principle to meetbut have not decided on a date or venue after marathon peace talks in Islamabad ended without a deal, the Wall Street Journal reported, citing officials familiar with the matter.

Regional mediators are pushing to extend the cease-fire between the United States and Iran and arrange a second round of talks, but progress has been slow, the officials said.

Progress on the talks remains slow, they added

A Pakistani delegation is on its way to Iran to convey a message from the Unitedcountries, Iran’s state m

2 hours ago

Finance ministers urge US, Israel, Iran to uphold ceasefire

Finance ministers from countries including the United Kingdom, Japan and Australia on Wednesday urged the United States, Israel and Iran to fully implement a ceasefire and warned of risks to the global economy.

“We welcome the recent announcement of a ceasefire… and call on all parties to implement the ceasefire in full,” the ministers said in a joint statement.

The ministers from the United Kingdom, Australia, Japan, Sweden, the Netherlands, Finland, Spain, Norway, the Republic of Ireland, Poland and New Zealand warned that “renewed hostilities, a widening of the conflict or continued disruption in the Strait of Hormuz would pose serious additional risks” to energy security and financial stability.

They also called for “a swift and lasting negotiated resolution” and a return to “free and safe transit through the Strait of Hormuz.”

They said they would coordinate economic responses and support vulnerable countries affected by the crisis.

2 hours ago

Bessent says US economy to slow this quarter amid Iran war

US Treasury Secretary Scott Bessent said in an interview with CNBC on Wednesday that the economy would be slower this quarter due to the Iran war but remained in good shape and was expected to rebound.

He added that oil prices do not appear to be weighing on inflation expectations.

https://www.iranintl.com/en/liveblog/202604159162

Wall Street Apes

@WallStreetApes

New Jersey Assemblywoman Dawn Fantasia LOSES IT on Democrats passing illegal immigration laws

“For the love of God and all that is good. Can you differentiate between the fact that we don't make laws that control the federal government? My God, what are we doing here? I'm not a lawyer. I was an English teacher and I comprehend that my fifth grade middle school English students would understand it.

I am coming to you not from a point of ideology because I know in the minority party, we already lost that argument. You guys are way, way out in the ether with that. I'm not even hoping to win the ideology. I'm hoping to win the logical argument to say, why do we keep passing laws that are gonna end up in court? We lose and the taxpayer gets shafted over and over and over.

You cannot vote yes for a law that controls local, county, state, and federal.No, Federal has gotta come off for this to count, but the only reason why you're passing it is to affect federal agents — Don't a room full of lawyers understand. Ludicrous. Oh my goodness”

https://x.com/WallStreetApes/status/2044244698869706798?s=20

Don Keith

@RealDonKeith

Wow! The BBC was not expecting a black man to start bashing immigration!

A British man went viral after unloading on the show, declaringBritain is “full” and that mass immigration has destroyed the country.

He slammed open borders, called out the crime spike, and said enough is enough — leaving the BBC hosts visibly shocked.

Straight talk the mainstream media never wants to hear.

April 14, 2026

https://x.com/RealDonKeith/status/2044084720011505741?s=20

TaraBull

@TaraBull

San Diego PD take down a suspect armed with a stick using a K9 and non lethal rounds

https://x.com/TaraBull/status/2044060607100735657?s=20

>>24503167. That dog is the hero. Amazing. The dog never gave up!