Episode #14
How Trump Accounts Could Turn a Generation of Kids Into Owners
What if every American kid grew up with an investment account and a real stake in the U.S. economy? Grover Norquist sits down with Matt Lira, Executive Director of Invest America, to discuss Trump Accounts, the new investment accounts for American children, and how they could introduce a generation of kids to saving, investing, stock ownership, and long-term wealth building. Lira explains how Trump Accounts work, including the $1,000 federal contribution for eligible newborns, tax-free employer contributions, private ownership, and how parents, grandparents, employers, and philanthropists can contribute to a child's account. But the conversation goes far beyond personal finance. Norquist and Lira explore whether owning stock can change how young Americans see the economy, why ownership matters, and what happens when people gain new forms of economic freedom and opportunity. They also discuss a new model for philanthropy, major commitments from business leaders, and the story of how Trump Accounts became law. Lira takes listeners behind the scenes of the effort, including the roles of President Donald Trump, Sen. Ted Cruz, Michael Dell, Brad Gerstner, and other lawmakers and business leaders who helped move the idea forward. Could Trump Accounts turn millions of American kids into lifelong investors and owners? And could that change more than their bank accounts? Listen to the full conversation on Leave Us Alone with Grover Norquist. 00:00:00 Trump Accounts Explained 00:05:30 How to Sign Up 00:06:26 Why Ownership Matters 00:11:13 Stock Donations and IPOs 00:15:04 A New Era of Philanthropy 00:20:41 How Trump Accounts Became Law 00:26:24 Finding Champions in Congress
