Badlands Media Special Coverage: 10/7/26 - Trump Accounts Rollout, Russia’s Plague & Mortgage Rates
President Trump announces at the White House that every eligible child in America has now been automatically enrolled in a Trump Account, the tax-free investment accounts created under last summer's tax bill. Treasury Secretary Scott Bessent calls it the beginning of an "ownership society," and Senator Ted Cruz explains the $1,000 deposit for newborns and the app and QR codes families can use to contribute. Michael and Susan Dell say their $6.25 billion pledge of $250 per child has funded 10 million accounts so far, with 25 million expected by the end of the week, and Brad Gerstner calls it the biggest change to America's social contract since Social Security in 1935. Trump adds that he wanted Social Security invested in the stock market back in 2016. In questions from the press, Trump responds to reports that Merrick Garland's FBI tracked Melania and Barron Trump, says he doesn't believe the plague in Russia is a bioweapon, and stands by his endorsement of Ken Paxton. He also talks about the Nobel Peace Prize, a proposed presidential retreat at his West Palm Beach golf club, impeachment talk ahead of the midterms, rising mortgage rates and the Fed, and trade with Canada.
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