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.