- Donald Trump’s Oval Office plan would boost the ability of “Trump Accounts” to trade on the New York Stock Exchange and Nasdaq.
- Associated Press says the decision is intended to prevent “Trump Accounts” from investing in children’s funds.
- According to Associated Press, the ban on “Trump Accounts” would cut Trump’s influence by 33%: the index of the S&P 500 would fall by 4.2% over 12 months.
President of the United States Donald Trump’s plan to boost trading on the New York Stock Exchange and Nasdaq was explained by Associated Press, which says it would reduce the ability of “Trump Accounts” to make money from the sale of shares.
Associated Press finds that the high level of influence of “Trump Accounts” comes from the results of the The Associated Press-NORC Center for Public Affairs Research study, which found that 33% of American adults support the economic leader. The material also notes that Trump’s opponents are more likely to support the economic leader.
According to Associated Press, the ban on “Trump Accounts” would be based on the fact that the index of the S&P 500 is expected to fall by 17.9% in 2025, after declining by 25% in 2024 and 26.3% in 2023, when the Democratic Party’s Joe Biden was president. The material also notes that the index of the S&P 500 would fall by 10% from the previous year.
Associated Press also says that the ban on “Trump Accounts” would be based on the fact that the index of S&P 500 is expected to fall by 4.2% over 12 months, which is similar to what happened to the index of another term in 2025 as it was expected to be 3%. The material also adds that the ban would be based on the fact that the index of the S&P 500 would fall in Iran due to the sanctions, which reduced the price of oil.