The official launch of "Trump Account" raises doubts about its operability

On July 7, according to CCTV, the U.S. White House announced on July 6 that the "Trump Account" for American minors investing in the stock market was officially launched on the same day. Some critics point out that low-income people in the United States face many difficulties in obtaining benefits from the account. In addition, the operability of this account has also aroused widespread doubts. Under the "Big and Beautiful" tax and spending bill passed by the U.S. Congress in 2025, parents and guardians in the United States can apply to the federal government to open free "Trump accounts" for minors under the age of 18 for long-term stock market investments. Account funds can enjoy tax benefits when investing in the stock market.