Millions have signed up for Trump Accounts, but some families are still waiting for baby's $1,000

WASHINGTON (AP) — At a rally Wednesday, President Donald Trump touted the $1,000 babies can receive when their parents open Trump Accounts in their names, seed money that Trump says will help give them “a really fair shot at the American dream.”

“Think of that. The government is finally giving money back to our children,” Trump said to the crowd gathered at a Georgia high school

Some parents who opened accounts earlier this month for their babies say they're still waiting for their money. The accounts went live July 4, two days before Trump rang the opening bells for the New York Stock Exchange and the Nasdaq from the Oval Office.

The tax-advantaged accounts can be opened for any child under the age of 18, and more than 7 million accounts are already active, Trump said Wednesday. Babies born between January 1, 2025, and December 31, 2028 get $1,000 in seed money from the U.S. Treasury. Most of those families receive their $1,000 in one or two days, the Treasury Department said.

After the Trump Accounts are set up, parents, relatives, friends and employers can contribute to them. Some billionaires have also pledged philanthropic contributions to the accounts. The money is turned over to private firms that invest it in index funds, a type of mutual fund that tracks the performance of the stock market. The money can’t be accessed until the child turns 18, and only then for specific purposes, such as going to school, opening a business or buying a home.

At the rally Wednesday, Rick Jackson, Georgia’s GOP nominee for governor, said he would push for state lawmakers to match the $1,000 in seed money from the federal government. Jackson, a wealthy businessman and CEO of a healthcare company, said he believes Georgia lawmakers will support that, but “if they don’t, I will personally donate it myself.”

Boosters of the program say it’s a chance to give more Americans a stake in the stock market. They hope it will stem the rising popularity of democratic socialists, who seek to raise taxes on corporations and wealthy people to ease the cost of things like food and healthcare for low-income and middle-class Americans.

For babies born since Trump took office last year, $1,000 from the U.S. Treasury is supposed to kick off the accounts. While some parents report receiving the money, others said in interviews and on social media they're still waiting for their $1,000.

Masaki and Kristina McLellan, new parents from Bergen County, New Jersey, said in an interview they were wary of signing up for the accounts because they worried it was a promotional stunt for the president. But the $1,000 incentive persuaded the couple, whose daughter Maya was born in late March, to start an account anyway.

Masaki McLellan said he applied for the account July 6. At first, the application was rejected, but the account was activated after he called the Trump Account hotline. He was told he'd see the money in the account in 10 days. Now, he says, he's been told it will take up to four weeks.

Kristina McLellan said she was disappointed it was taking so long to fund her daughter's account. But the infant has multiple other investments already compounding for her. Maya's parents have already started a 529 college savings plan and a custodial brokerage account for her. The Trump Account is the third investment account in the little girl's name.

“We definitely want to give her options for her future and make sure she can choose what she wants to do,” said McLellan, a studio director for a local news station, who returns from maternity leave next week.

The Treasury Department emphasized the McLellans’ case is unusual and said only a sliver of those who apply need customer support.

The Treasury Department said that the lag between opening an account and receiving the seed funding constitutes “standard processing time, like receiving a tax refund,” and that the overwhelming majority of parents are waiting only one to two days. But the department likes to give parents a conservative estimate for how long it might take for the money to be transferred, such as the estimate of up to four weeks given to the McLellans.

“Trump Accounts level the playing field by allowing every parent to invest in their children’s future, not just wealthy families with trust funds,” the department said.

The government also unveiled an initiative last month that permits child welfare agencies to open accounts on behalf of foster youth.

"With roughly 1 million sign-ups per month before launch, Trump Accounts have become the most popular and successful government-backed savings product in U.S. history,” the Treasury Department said.

On Wednesday, Trump called the accounts “the most consequential” part of his signature tax and spending cuts bill, also known as the One Big Beautiful Bill.

Trump's stop in Georgia comes as he and fellow Republicans face pressure in the midterm elections for their handling of the economy. Only 33% of U.S. adults approve of Trump’s economic leadership, among the lower ratings of his second term, according to a June survey by The Associated Press-NORC Center for Public Affairs Research. Trump pledged to lower costs, but his tariffs and the war in Iran have instead helped to increase prices.

Trump Accounts are similar to baby bonds, championed by Democratic-led cities and states meant to shrink the wealth gap between low- and high-income children. But unlike most baby bonds, which generally target kids from disadvantaged backgrounds, Trump Accounts are available to families of all incomes.

The program has faced criticism from those who say it does nothing to help families in a child's first years of life, when children are most likely to experience poverty, homelessness and hunger. And the Republican bill that created the program also slashed funding for programs that are disproportionately used by children, including Medicaid and the Supplemental Nutrition Assistance Program.

This story has been corrected to show the mother's surname is McLellan, not McClellan.

Associated Press writers Seung Min Kim and Adriana Morga contributed to this report.

The Associated Press’ education coverage receives financial support from multiple private foundations. The AP is solely responsible for all content. Find the AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

President Donald Trump, center, invites a family on stage to speak about Trump Accounts at Wheeler High School, Wednesday, July 22, 2026, in Marietta, Ga. (AP Photo/Julia Demaree Nikhinson)

President Donald Trump speaks at Wheeler High School, Wednesday, July 22, 2026, in Marietta, Ga. (AP Photo/Julia Demaree Nikhinson)

President Donald Trump, center, invites a family on stage to speak about Trump Accounts at Wheeler High School, Wednesday, July 22, 2026, in Marietta, Ga. (AP Photo/Julia Demaree Nikhinson)

WASHINGTON (AP) — One Immigration and Customs Enforcement officer has been referred for discipline over a use-of-force incident since the beginning of the Trump administration, said Democratic members of the House Homeland Security Committee after a briefing with ICE officials Wednesday about body cameras, vehicle stops and training.

The closed-door briefing for committee members comes in the wake of two shootings in which ICE officers shot and killed two immigrants that they were trying to arrest, raising concerns over the agency's tactics at a time that it is ratcheting up its arrests.

The shootings in Maine and Houston over the span of a week have led to fierce criticism that there's not enough oversight of the agency key to President Donald Trump's mass deportation agenda. At least 10 people have died in encounters with immigration agents since Trump launched the crackdown after retaking office, and in the Maine shooting, family members of the ICE officer who opened fire say he had a history of violent behavior and never should have been given a badge and gun.

Rep. Seth Magaziner, a Democrat from Rhode Island, said they were told during the briefing that there have been 56 complaints of excessive force against ICE officers; 32 were cleared, and one was referred for disciplinary action. Magaziner said they were told no discipline had yet been handed out. The rest of the incidents are still under investigation, he said.

“It just defies belief that an agency of 20,000-plus officers with all of the chaos that we’ve seen over the last year and a half through the surges and civilians being injured and killed, that no one would be found to have violated use of force with the exception of possibly one person,” Magaziner said.

Homeland Security said in a statement Wednesday that ICE officers who violate the agency's policies are held accountable, their officers are trained in de-escalation tactics and take an annual refresher course on use of force policies. The agency also defended its officers, saying they are operating in an environment where they are constantly being attacked.

“When faced with dangerous circumstances, DHS law enforcement professionals have used their training to protect themselves, their fellow officers, and the public,” the agency said.

The use-of -force numbers mark an increase since February, when then-acting director Todd Lyons said during Senate testimony that ICE had opened 37 investigations for excessive force; 18 of those were closed, 19 were still pending, and one was referred for “further action,” Lyons said.

The ranking Democrat on the committee, Rep. Bennie Thompson of Mississippi, said the ICE officials could not discuss the shootings in Maine or Houston, as those are both open investigations. Thompson, who said he came away with more questions than answers from the briefing, said he wanted to know who investigates use of force incidents: “Sometimes they said the FBI, sometimes they said HSI. Sometimes they said another entity.”

The officials said they were going to retrain officers who had gone through a shorter curriculum that was in place last fall, Thompson said. In June, Homeland Security Secretary Markwayne Mullin said the agency would be increasing the amount of training for new officers starting this month.

Thompson said he pressed for answers about how many officers had been brought back for retraining and how they're being retrained but couldn't get any clarity.

Thompson said he and the committee chair, Rep. Andrew Garbarino, R-N.Y., will follow up with ICE with a list of questions.

Garbarino said he appreciated ICE briefing the members.

“Today was an important opportunity for Members to receive timely answers on the status of body camera deployment for law enforcement in the field, training and vetting standards and requirements, and current guidance on the use of vehicle stops as part of immigration enforcement,” Garbarino said in a statement.

When it comes to vehicle stops, Magaziner said they were told that current guidance to ICE officers is to only do them when there’s no other alternative, and they’re supposed to use lights and sirens. But, Magaziner said, that guidance has only been passed along verbally to the staff as opposed to a written directive.

Both the shootings in Maine and Houston involved shootings of immigrants who were in moving vehicles, raising questions about ICE’s training and policies surrounding how it tries to apprehend people when they’re driving.

After the Maine killing, Trump administration officials told ICE officers to suspend most vehicle stops. But the next day, Trump announced on social media that he wanted ICE to keep doing them.

Notes of community support and sorrow are hung from a fence during a vigil for Johan Sebastian Duran Guerrero, a Colombian national who was shot and killed by an ICE agent, Friday, July 17, 2026, in Biddeford, Maine. (AP Photo/Charles Krupa)

Reporters raise their hands as Homeland Security Secretary Markwayne Mullin speaks in the Indian Treaty Room at the Eisenhower Executive Office Building on the White House campus, Friday, July 17, 2026, in Washington. (AP Photo/Julia Demaree Nikhinson)