Squawk on the Street SOTS 2nd Hour: U.S. Treasury Secretary LIVE, Fed Decision Predictions, & Altimeter's Brad Gerstner 1/28/26
Jan 28, 2026
Scott Besson, Treasury Secretary leading a new federally supported investment initiative for children. He discusses the Trump accounts summit rollout and goals. Short takes cover expanding equity ownership, policy impacts on markets and the dollar, Fed timing, trade frictions, and immigration’s link to labor and affordability.
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Universal Seed Accounts At Birth
- Trump Accounts aim to give every child a $1,000 investment at birth and invite parents, companies, and philanthropists to add funds.
- Scott Besson argues this will broaden equity exposure and cultivate a new generation of investors.
Equity Exposure Shapes Economic Views
- Scott Besson says 38% of households have no exposure to equities, tying that to favorable views of socialism.
- He frames Trump Accounts as a real-time financial literacy experiment to change attitudes over a decade.
Starbucks Sees Traffic-Led Recovery
- Starbucks posted better-than-expected same-store sales and transaction growth, marking a recovery in customer traffic.
- Management sees sustained comp growth and reinstated short-term EPS guidance for 2026.