Trump Account signups reach 7 million

The Trump Accounts program is “the most successful launch in government history,” Treasury Secretary Scott Bessent said Monday at a meeting of the Financial Literacy and Education Commission, according to prepared remarks exclusively provided in advance to CNBC.  So far, about 7 million children have been signed up, Bessent said. That’s up from 6.5 million…

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What that means for consumers

Federal Reserve Chairman Kevin Warsh concludes a news conference after a meeting of the Federal Open Market Committee, June 17, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images The Federal Reserve is expected to hold interest rates unchanged at its upcoming July meeting — as higher energy prices and renewed tensions with Iran have complicated the picture for…

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Singapore tightens monetary policy as rising oil prices rekindle inflation risk

Commercial buildings illuminated at dusk in Singapore, on Monday, Feb. 2, 2026. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Singapore on Monday tightened its monetary policy for a second consecutive time, moving preemptively against a renewed oil price surge even as inflation at home stays subdued. The Monetary Authority of…

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