Today, the U.S. Department of the Treasury convened a public meeting of the Financial Literacy and Education Commission (FLEC) focused on implementation and outreach for Trump Accounts.
U.S. Secretary of the Treasury Scott Bessent chaired the meeting and delivered opening remarks highlighting the opportunities Trump Accounts create by making every American child a shareholder and advancing financial literacy through real-world investing experience. Secretary Bessent also called on federal agencies to integrate Trump Accounts into ongoing financial education efforts.
Agency principal remarks were also provided by:
- Jonathan Gould, Comptroller of the Currency, Office of the Comptroller of the Currency;
- Kyle Hauptman, Chairman, National Credit Union Administration ;
- Lori Chavez-DeRemer, Secretary, U.S. Department of Labor;
- Frank Cassidy, Assistant Secretary for Housing and Federal Housing Commissioner, U.S. Department of Housing and Urban Development; and
- Frank Bisignano, Commissioner, Social Security Administration and Chief Executive Officer, Internal Revenue Service.
During the meeting, Matt Garber, Deputy Assistant Secretary for Fiscal Operations and Policy at the U.S. Department of the Treasury, provided an update on Treasury’s implementation of Trump Accounts. A panel discussion then featured perspectives on how to best leverage the Trump Accounts program to make a lasting impact on the next generation. Participants in the panel discussion included:
- Gerri Walsh, President of the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation
- Steven Johnson, Kansas Treasurer and Chair of the College Savings Plans Network for the National Association of State Treasurers
- Chris Caltabiano, Chief Program Officer, Council for Economic Education
- John Moses, Acting Director, Office of Investor Education and Assistance, Securities and Exchange Commission; and
- Melanie Mortimer, President, Securities Industry and Financial Markets Association (SIFMA) Foundation.
Trump Accounts are an opportunity for children to improve their financial literacy by learning about investing, compound growth, and long-term financial planning. During this upcoming year, other work to advance financial literacy and education nationwide will include the FLEC’s update its U.S. National Strategy for Financial Literacy. Treasury recently published a request for information to inform this effort, and invites all interested individuals and organizations to provide feedback on how the strategy should be revised to ensure that financial literacy programs and initiatives continue to be relevant, effective, and responsive.
Members of the public are encouraged to submit comments before closure of the comment period on April 6, 2026.