{"id":597444,"date":"2026-05-06T22:50:00","date_gmt":"2026-05-06T22:50:00","guid":{"rendered":"https:\/\/buglecall.org\/?p=597444"},"modified":"2026-05-06T22:50:00","modified_gmt":"2026-05-06T22:50:00","slug":"treasury-weighs-allowing-billionaires-to-donate-stock-to-trump-accounts","status":"publish","type":"post","link":"https:\/\/buglecall.org\/?p=597444","title":{"rendered":"Treasury Weighs Allowing Billionaires To Donate Stock To Trump Accounts"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Treasury Weighs Allowing Billionaires To Donate Stock To Trump Accounts<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>Here&#8217;s something that could go incredibly well or spectacularly wrong: The Trump administration\u2019s flagship program for American children &#8211; the so-called <strong>Trump accounts<\/strong> &#8211; could soon get a dramatic upgrade. <strong>White House and Treasury Department officials are in internal discussions about letting the world\u2019s wealthiest individuals donate shares of their companies directly into the accounts<\/strong>, a move that would transform the program from a conservative cash-and-index-fund vehicle into a potential magnet for high-growth tech stock.<\/p>\n<p><a data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/260225-trump-accounts-mn-1400-fbc542_80.jpg?itok=waHHqDsQ\" data-link-option=\"0\" href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/260225-trump-accounts-mn-1400-fbc542_80.jpg?itok=waHHqDsQ\"><img fetchpriority=\"high\" decoding=\"async\" data-entity-type=\"file\" data-entity-uuid=\"158e600e-fa74-4417-b56f-52002ae6e600\" data-responsive-image-style=\"inline_images\" height=\"333\" width=\"500\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/260225-trump-accounts-mn-1400-fbc542_80.jpg?itok=waHHqDsQ\" alt=\"\" \/><\/a><\/p>\n<p><strong>The accounts, formally known as Section 530A accounts, are scheduled to begin accepting contributions on July 4<\/strong>. They were created as part of last year\u2019s major domestic policy legislation and have already attracted billions of dollars in philanthropic pledges. Until now, the rules have been strict: only cash, invested exclusively in diversified index funds.\u00a0That restriction may soon change, according to the\u00a0<a href=\"https:\/\/www.nytimes.com\/2026\/05\/06\/business\/dealbook\/stocks-trump-accounts.html\"><em>NY Times<\/em><\/a>.\u00a0<\/p>\n<p><strong>Brad Gerstner<\/strong>, founder of Altimeter Capital and the architect behind the 530A program, has been leading the push. Gerstner, who received a public shout-out during the president\u2019s State of the Union address in February, has been meeting with administration officials to explore the idea. <strong>The proposal would allow ultra-wealthy donors to contribute appreciated stock<\/strong> &#8211; for example, Elon Musk donating Tesla or SpaceX shares, or Nvidia\u2019s Jensen Huang contributing Nvidia stock &#8211; <strong>without triggering capital-gains taxes.<\/strong><\/p>\n<p><strong>Proponents see two major upsides:<\/strong><\/p>\n<ul>\n<li><strong>Children could gain exposure to tomorrow\u2019s biggest winners.<\/strong> Instead of modest, steady returns from broad index funds, millions of young Americans might own slices of high-growth companies for decades.<\/li>\n<li><strong>Donors could give more, and more efficiently.<\/strong> By donating stock at its current fair-market value, billionaires would receive a full charitable deduction while avoiding the capital-gains tax they would owe if they sold the shares first.<\/li>\n<\/ul>\n<p>Interest is already surging. A<strong>t this year\u2019s Milken Institute Global Conference, multiple ultra-wealthy individuals and companies signaled they are preparing to give<\/strong>. The $6.25 billion pledge from Michael and Susan Dell in December is seen as a bellwether; many others are now expected to follow.<\/p>\n<h2>Internal Debate and Risks<\/h2>\n<p>Not everyone inside the Treasury Department is comfortable with the idea. <strong>The original design deliberately limited investments to diversified index funds precisely to shield children from the volatility of individual stocks<\/strong>. Allowing direct donations of single-company shares &#8211; especially highly valued, concentrated tech holdings &#8211; could expose millions of young account holders to wild market swings over 18-year horizons.<\/p>\n<p>Critics inside the building are also raising longer-term concerns:<\/p>\n<ul>\n<li>Will today\u2019s hottest stocks still be dominant decades from now?<\/li>\n<li><strong>Could Trump accounts become a de facto \u201clock-up\u201d vehicle for billions of dollars\u2019 worth of founder shares that cannot be sold for years?<\/strong><\/li>\n<\/ul>\n<p>Changing the rules would almost certainly require legislation to amend the statute. Some officials are exploring whether new Treasury guidance or even an executive order could achieve a similar result, but legal experts say a statutory fix is the cleaner path.<\/p>\n<p>The conversations are still at an early stage, but momentum is building quickly. With July 4 rapidly approaching and billions already pledged, <strong>the White House faces a clear choice: keep the program simple and conservative, or open it up to the full force of private-sector wealth creation &#8211; and risk.<\/strong><\/p>\n<p>Either way, the Trump accounts have already succeeded in one important respect: they have turned children\u2019s long-term investing into a national conversation. The question now is whether that conversation will include the world\u2019s most valuable stocks.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" lang=\"\" class=\"username\" xml:lang=\"\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Wed, 05\/06\/2026 &#8211; 18:50<\/span><img decoding=\"async\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/260225-trump-accounts-mn-1400-fbc542_80.jpg?itok=waHHqDsQ\" title=\"Treasury Weighs Allowing Billionaires To Donate Stock To Trump Accounts\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>Treasury Weighs Allowing Billionaires To Donate Stock To Trump Accounts Here&#8217;s something that could go incredibly well or spectacularly wrong: The Trump administration\u2019s flagship program for American children &#8211; the so-called Trump accounts &#8211; could soon get a dramatic upgrade. White House and Treasury Department officials are in internal discussions about letting the world\u2019s wealthiest&hellip; <a class=\"more-link\" href=\"https:\/\/buglecall.org\/?p=597444\">Continue reading <span class=\"screen-reader-text\">Treasury Weighs Allowing Billionaires To Donate Stock To Trump Accounts<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":597445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[17,22,13],"tags":[],"class_list":["post-597444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-border-security","category-immigration","category-immigration-reform","entry"],"_links":{"self":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/597444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=597444"}],"version-history":[{"count":0,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/597444\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/media\/597445"}],"wp:attachment":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=597444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=597444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=597444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}