On July 4th, the administration officially launched Trump Accounts, a new savings and investing vehicle for kids under 18 in the U.S. One of the orchestrators, Silicon Valley investor Brad Gerstner, explains the platform, SpaceX COO Gwynne Shotwell’s donation to it, and the vision for the American dream. Plus, Taylor Swift and Travis Kelce were married at MSG in New York over the holiday weekend, and President Trump gave multiple speeches for the 250th celebration of American independence, highlighting a commitment to freedom and opposition to communism. Brad Gerstner - 15:44 In this episode: Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Trump Accounts Launch: Brad Gerstner 7/6/26

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[SPEAKER_C] Bring in show music, please.

[SPEAKER_D] Hi, I'm CNBC producer Katie Kramer. Today on Squawk Pod, Trump Accounts savings vehicles for kids officially launched on America's 250th July 4th celebration. One of the orchestrators, Silicon Valley investor Brad Gerstner.

[SPEAKER_E] This is not a program. This is a platform. It is the largest unlock of direct philanthropy in the history of the country.

[SPEAKER_D] —a template to bring the American dream back down to earth.

[SPEAKER_E] Gwynne Shotwell's gift this morning, an extraordinary gift. 2 million shares of SpaceX to 2 million kids. They'll hold in their accounts over the course of the next 10 to 20 years.

[SPEAKER_D] Plus, the rest of today's news that got us squawking. Red card drama. Well, let's try and win. And an affair to remember.

[SPEAKER_C] A royal wedding in New York City.

[SPEAKER_D] It's Monday, July 6th, 2026. Squawk Pod begins right now.

Trump Accounts Launch: Brad Gerstner 7/6/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Trump Accounts Launch: Brad Gerstner 7/6/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.