Trump Accounts Could Attract $100 Billion in New Private Commitments, Brad Gerstner Predicts: 'We Have Tens of Billions… We Haven't Announce

Trump Accounts could attract more than $100 billion in additional private commitments over the next 12 months, according to Altimeter Capital founder and CEO Brad Gerstner, who said businesses and philanthropists are increasingly backing the government-backed investment program for children. Speaking on Fox Business “Mornings with Maria” on Wednesday, Gerstner said the program has already attracted significant private-sector interest beyond publicly announced commitments. “We have tens of billions of dollars in commitments we haven’t announced,” Gerstner said. “I said to the president, I think we’ll have $100 billion of additional contributions in the next 12 months.” Trump Accounts are government-backed, tax-deferred investment accounts created under the One Big Beautiful Bill Act. Eligible children born between 2025 and 2028 receive a...