Shelley Capito (R-WV)
A bill to provide for the automatic establishment of Trump accounts using information collected under the Enumeration at Birth Program of the Social Security Administration.
A Republican bill with 1 Republican cosponsor · See the cosponsor
Last activity — Read twice and referred to the Committee on Finance.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill proposes the automatic establishment of Trump accounts for newborn children. It directs the Commissioner of Social Security to modify the Enumeration at Birth Program to collect necessary information. This information would then be sent to the Secretary of the Treasury or their delegate. Once received, the Secretary is required to establish a Trump account on behalf of each newborn. The definition of a Trump account is tied to section 530A of the Internal Revenue Code of 1986.
Yes· 3 of 5
- Scored +5
Would children be better off under this?
The bill establishes financial accounts for all newborns.
- Scored +5
Would households on low incomes be better off under this?
The establishment of accounts provides potential future financial assets to all children regardless of income.
- Scored +5
Would middle-income households be better off under this?
The establishment of accounts provides potential future financial assets to all children.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Automatic Account Establishment: The bill ensures that a Trump account is established for each newborn child for whom information is provided via the modified program. (Section 1(b) and 1(c))
Potential Negative Impacts for People
- Modification of Information Collection: The Commissioner of Social Security must modify the existing Enumeration at Birth Program to collect and send additional information to the Secretary. (Section 1(b))
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would children be better off under this? — The bill establishes financial accounts for all newborns. Would high-income households be better off under this? — The establishment of accounts provides potential future financial assets to all children. Would households on low incomes be better off under this? — The establishment of accounts provides potential future financial assets to all children regardless of income. Would middle-income households be better off under this? — The establishment of accounts provides potential future financial assets to all children. Would students be better off under this? — The account may provide financial resources for future education or life stages.
- 8/5/2026
- Read twice and referred to the Committee on Finance.
- 1 Cosponsor added.
- Introduced in Senate
James JusticeRepublican · West Virginia