...to their accounts and preserving a wonderful future for them.
Good job.
Okay. Is she thinking about running for office?
No. 'Cause I'll, I'll endorse her immediately. Here's my complete and total [clears throat] endorsement.
Good job. Thank you, love. Appreciate it very much. Brad, please.
Well, thank you, Mr. President. It's a great honor for us to be back here in the White House. You know, I started a company, Dell Technologies, with $1,000. And in America, small beginnings can become extraordinary things. And that's why we came here last year and we committed to children in America that we were going to contribute $6.25 billion...
...$250 to 25 million Trump accounts for children in America. And I'm very pleased to let you know today that we have funded 10 million of those accounts as of this morning. And by the end of this week, we will have funded 25 million of those accounts, fulfilling the promise that we made to American children late last year.
Now, $250 is just the beginning. If you have a child under 18 with a Social Security number, you should claim their account. If you can add to the account, you should add to the account. And you should teach your children about compounding, about investing, and about the benefits of capitalism.
These children will grow up as owners. They will also be the generation that creates the next great companies and innovations in our country.
And now we have 25 million children as owners. We've invested in their future and we've invested in America's future, and we are so excited to see what they build. Thank you.
Do you have anything to say?
Over the past month, as our contribution has reached millions of children's accounts, Michael and I have heard from so many parents and kids and grandparents with these beautiful letters that have truly moved us.
Children have told us that they want to become entrepreneurs. They want to become nurses, doctors, engineers. They want to build their own companies someday. We've heard from parents and grandparents who shared what it means to them to know that there's an investment in their child's future. These things are so wonderful and so important.
It's, you know, it's not just the money that matters. That does matter. But knowing that someone believes in you and your future, that matters just as much.
So to every child across the country, these accounts are for you. We believe in you and we want you to dream big, because we know you can make your dreams come true.
So, parents and grandparents, please claim your child's account. These accounts are ready. They're waiting for you and they have money in them. So, claim your child's accounts, start adding money to their accounts, and preserve a wonderful future for them.
Good job, Michael. Is she thinking about running for office?
No, 'cause I'll, I'll endorse her immediately. She's my complete and total [clears throat] endorsement. Good job. Thank you both. Appreciate it very much. Brad, please.
Well, Sarah, what an extraordinary day for the country. I don't think it's an overstatement to say that this is the biggest transformation in the social contract and the social fabric of America for these kids since 1935, when Social Security was passed. Every single child in this country, forever more — not for the next four years, forever more — will start off life with an investment account, and they are going to compound as shareholders in the upside of America.
Every Republican district in the country, every Democrat district in the country, every state, city block, rural road — I grew up in rural Indiana. Every one of those kids who felt left out and left behind by the prosperity of America. You said to us, sir, the main street agenda is we have to get everybody into the game to share in the upside of the country. They said it couldn't be done. You can't possibly create 70 million accounts automatically for every child in the country.
We persevered, and today is the day we mark the celebration: 70 million accounts, and by the end of this week over 25 million accounts funded $250, and all that money compounding in the upside of the country in the S&P 500.
And it's not just that. Moms and dads are going wild with these QR codes. We have hundreds of millions of dollars — $10, $5, $50 at a time — being contributed into these accounts. And when the money goes in on a Monday, by Tuesday it's invested in the S&P 500, compounding in the upside of America.
We have so many companies that want to participate, it's hard to keep up. Not just the largest companies in America. I'm talking retail and restaurants, landscapers, and contractors. They want to adopt their little leagues, their schools, the Boys and Girls Club like we did in Philly or Newark. Everybody wants to get involved in helping these kids compound into the next generation.
And then of course philanthropists, and Michael and Susan set the bar for what it means to give back in this country. No foundation in the middle taking a cut. A one-page donor agreement: you wire your money to the Treasury of the United States and they send it out to all the kids. And the list of philanthropists who want to adopt zip codes across America — in Texas, in Indiana, in California — is extraordinarily long, adopting cities and zip codes.
Today is the day every child, forever more, will be a shareholder in this country. It would not have happened without your leadership. So, thank you very much.
Thank you all. Thank you.
Great honor. It's a great honor. Do you have coins yet? Did you get a coin?
Come on over. Come on over.
Come on over here. This is what everybody wants. They want this. Unless you don't want it. Would you like that collector's item?
Would you like it? I would. Okay. Take a—
