Scott Bessent

And I think it is going to, when I look at sort of the polling for young people in terms of their view of socialism, their view of capitalism, I think that this is going to make every man, Huey Long said, every man a king.

I think this is gonna make every man and woman

A market participant.

And I think it's fantastic.

I began the announcement the other day.

I said, I've talked about parallel prosperity, Wall Street and Main Street.

This is the biggest merger in history because it is merging Main Street and Wall Street.

And I grew up in a small town in South Carolina.

The only thing I knew about Wall Street was something bad had happened in 1929.

I was fortunate.

Went to Yale and then...

went to New York, but you shouldn't have to have that path.

That if you want to stay in your hometown, but participate in the market and learn a lot about it, this is the ultimate program for that.

And what we're doing is parents, family members, employers can add $5,000, philanthropists like Susan and Michael Dell,

are going to put in $6.25 billion to top up the accounts.

And then we're up to probably 20 states that are going to also top up the accounts.

employers, we've got credit card companies, banks that are already on board, and you're just going to keep pushing more money into these accounts.

Americans are the most generous people in the history of the world.

We have never had a direct way to get rid of the friction of philanthropy and give money directly to American children.

Yeah.