US Treasury: Trump has opened 5 million accounts

Comparing news, the US Treasury Department said it has opened 5 million Trump accounts. The Trump account, or 530A account, is authorized by the US Act of 2025 and is a stock index investment account for the children of US citizens. The specific operation method of Trump's account needs to be further clarified. The US IRS issued a notice on the relevant regulatory plan, defining it as an individual retirement account. According to regulations, the funds in the account cannot be withdrawn until January 1 of the year the child turns 18; thereafter, the account will operate like a traditional IRA account.