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S. 5243

BillFederalSenateIn Committee
A bill to provide for the automatic establishment of Trump accounts using information collected under the Enumeration at Birth Program of the Social Security Administration.
About This Bill
Committee
Latest Action · August 5, 2026
Read twice and referred to the Committee on Finance.
Congress
119th (2025–2027)
Introduced
August 5, 2026
Cosponsors (1)
0D 1R
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Summary

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This bill would require the Social Security Administration to collect information about newborns through its existing Enumeration at Birth Program and automatically establish "Trump accounts" for each child using that data. The Secretary of the Treasury would be responsible for setting up these accounts based on the Social Security information provided. The bill affects all newborn children born in the United States going forward. The legislation does not specify funding amounts or implementation timelines, leaving those details to be determined by the Treasury Department and Social Security Administration in coordination with each other. The bill was introduced in the Senate in August 2026 and referred to the Committee on Finance for consideration.

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