U.S. Treasury Secretary Bessent delivered remarks at Wheeler High School in Marietta, Georgia, on July 22, 2026, highlighting President Donald J. Trump's economic achievements and the success of the "Trump Accounts" program.
Secretary Bessent emphasized that President Trump signed the largest tax cuts in American history, rebalanced global trade, and reclaimed the nation's position as an energy superpower. He noted that the economy has averaged over 100,000 private sector jobs per month for the last four months, with real GDP growth at 2.7 percent over the past four quarters. Private sector employment has increased by more than 900,000 since Inauguration Day, and the Working Families Tax Cuts saved the average Georgia family over $3,100 this year.
A central focus of Bessent's speech was the "Trump Accounts" program, which he described as the most successful government program launch ever, with over 6 million signups before going live. The program provides a $1,000 seed investment from the U.S. Treasury for every child born during President Trump's term, with 86 percent of enrolled children coming from families earning less than $200,000. Bessent said the program enrolled a million children monthly between its announcement and launch, enabling youth to watch their investments grow.
Bessent contrasted the program's success with past government initiatives, citing the collapse of the Obamacare website and the defunct "myRA" savings accounts. He asserted that Trump Accounts represent "the triumph of capitalism over socialism," aiming to build an "ownership economy" and create a new generation of shareholders. Secretary Bessent concluded by calling President Trump "the most consequential president of my lifetime," creating assets for the American people rather than debt.