Ted Cruz: ““That is why I deliberately drafted the legislation to provide for auto-enrollment—so Treasury could open accounts for…”

“And my hope is that, decades from now, we look back at Trump Accounts as the beginning of an entire generation of Americans who became investors and owners from childhood.

“Mr. President, you understood the potential of this idea from the beginning, and your leadership was critical to getting it across the finish line.

I was proud to join this legislation and, as Chairman of the Senate Commerce Committee, advance it through committee and support its passage by the Senate.

I applaud Representative Pfluger for his leadership on this critical legislation.