Capito, Justice Introduce Bill to Streamline Enrollment in Trump Accounts

WASHINGTON, D.C. – Today, U.S. Senators Shelley Moore Capito (R-W.Va.) and Jim Justice (R-W.Va.) introduced legislation that would provide families with enrollment information to establish Trump Accounts for eligible newborns while still at the hospital. Specifically, the bill would amend the Social Security Administration's (SSA) Enumeration at Birth (EAB) program to provide for the creation of a Trump Account when a child's birth is registered, streamlining enrollment and increasing access the program. “Trump accounts are an innovative way to provide financial backing for all American newborns, and this legislation makes it easier for West Virginia families to access that opportunity,” Senator Capito said. “By providing for the establishment of Trump Accounts through the Social Security Administration's existing birth registration process, we are cutting red tape and ensuring our children can benefit from this program from day one. I'm proud to work to streamline enrollment and help more families invest in their children's futures.” “I've always believed that when we invest in our kids, we're investing in the future of this great country. The Trump Accounts do just that by giving eligible children a $1,000 head start. That's the kind of common-sense idea that helps hardworking families and gives the next generation a better chance to chase their dreams,” Senator Justice said . BACKGROUND: On July 3, 2026, the SSA announced that it would be launching a new program for parents to enroll newborns in Trump Accounts. This legislation works in tandem with this effort by amending the EAB program to include enrollment information for the creation of a Trump Account. The EAB program currently allows parents to request a Social Security number for their newborn while still in the hospital. Participating hospitals electronically transmit birth registration information to the SSA, eliminating the need for separate paper applications or visits to a local Social Security office. Nearly 99% of parents already use the EAB process, and the inclusion of Trump Account enrollment information makes it an efficient and convenient way to facilitate registration. Senator Capito has long supported the creation of Trump Accounts, calling them a "once in a lifetime opportunity" for American families to build financial security. More information on Trump Accounts can be found here and full text of the legislation can be found here . # # #