Nasdaq and the NYSE will ring the opening bell from the Oval Office for the first time next week to launch Trump’s much-touted government-backed investment program for children, White House economic adviser Kevin Hassett said Monday.

“We’re having a big opening bell ceremony next week. They’re doing this to celebrate the accounts to make sure everyone knows it’s time to get an account for your child, even if he’s not born this year,” Hassett told CNBC in an interview.

US President Donald Trump earlier this year unveiled Trump Accounts, a new tax-deferred investment vehicle for US citizens under the age of 18, which is set to officially launch on July 4.

Under this plan, the U.S. The Treasury will deposit $1,000 as seed money into an investment account for each child with a valid Social Security number born between 2025 and 2028.

Nasdaq and the New York Stock Exchange did not immediately respond to Reuters requests for comment.