Trump Accounts Launch: Brad Gerstner 7/6/26

Squawk Pod

CNBC

Investing, Business, Business News, News

4.2 • 547 Ratings

🗓️ 6 July 2026

⏱️ 37 minutes

🔗️ Recording | Apple Podcasts | RSS

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Summary

On July 4th, the administration officially launched Trump Accounts, a new savings and investing vehicle for kids under 18 in the U.S. One of the orchestrators, Silicon Valley investor Brad Gerstner, explains the platform, SpaceX COO Gwynne Shotwell’s donation to it, and the vision for the American dream. Plus, Taylor Swift and Travis Kelce were married at MSG in New York over the holiday weekend, and President Trump gave multiple speeches for the 250th celebration of American independence, highlighting a commitment to freedom and opposition to communism. Brad Gerstner - 15:44 In this episode: Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music, please.
0:04.2	Hi, I'm CNBC producer Katie Kramer.
0:07.1	Today on Squawk Pod.
0:09.9	Trump accounts savings vehicles for kids officially launched on America's 250th, July 4th celebration, one of the orchestrators, Silicon Valley investor, Brad Gersner.
0:20.0	This is not a program. This is a platform.
0:22.7	It is the largest unlock of direct philanthropy in the history of the country.
0:27.2	A template to bring the American dream back down to Earth.
0:30.9	Glenn Shotwell's gift this morning, an extraordinary gift.
0:34.2	Two million shares of SpaceX to two million kids.
0:37.4	They'll hold in their accounts over the course of the next 10 to 20 years. gift, two million shares of SpaceX to two million kids.
0:41.9	They'll hold in their accounts over the course of the next 10 to 20 years.
0:47.3	Plus, the rest of today's news that got us squawking, red card drama.
0:48.9	Well, let's try and win.
0:50.8	And an affair to remember.
0:52.7	A royal wedding in New York City.
0:56.7	It's Monday, July 6th, 2026.
0:59.3	Squawk Pod begins right now.
1:02.6	Stand Becky by in three, two, one.
1:03.1	Cue, please.
1:06.1	Good morning, everyone.
1:08.7	Welcome to Squawk Box right here on CNBC.
1:11.8	We are live from the NASDAQ market site in Times Square.
	...

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