President Donald Trump on Monday marked the launch of the new Trump Accounts investment program for children as he rang the opening bells of the New York Stock Exchange and Nasdaq from the Oval Office, highlighting an initiative created under Republicans’ 2025 tax and spending package while continuing to tie his presidency to stock market performance.

Trump has increasingly pointed to stock market gains as evidence of his economic policies, urging Americans to pay closer attention to their retirement investments ahead of the November midterm elections.

“It’s going to go up — I think the market’s going to go through the roof,” said Trump after formally launching the start of trading.

According to a June survey by The Associated Press-NORC Center for Public Affairs Research, 33% of U.S. adults approve of Trump’s handling of the economy.

The White House event also marked the rollout of Trump Accounts, which are designed to allow children to invest in stock market index funds.

Treasury Secretary Scott Bessent said the program is intended to help expand stock market participation, noting that millions of Americans currently have no direct exposure to equities and therefore do not benefit from market gains enjoyed by many wealthier households.