Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email Email * SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our Privacy noticeTreasury Secretary Scott Bessent urged families to skip buying toys for kids’ birthdays and instead invest the money in the new Trump accounts. Scott Bessent, the nation’s top economic adviser, promoted 'Trump Accounts' on Fox News, a pilot program depositing $1,000 into tax-advantaged accounts for children. President Donald Trump will discuss the initiative at a summit Wednesday in Washington. They also point out that families with fewer financial resources may not be able to contribute much beyond the government’s initial deposit.