how many have signed up for trump accounts

More than 6 million children were signed up for Trump Accounts ahead of the program’s official launch on July 4, according to CNBC’s report citing the Treasury Department. Reuters also reported that more than 500,000 children had already received the first $1,000 government deposits by July 6.

Quick scoop

• The best available signup figure is more than 6 million children enrolled before launch.

• A separate report said more than 500,000 children had already received the initial $1,000 deposit.

• Another report quoted a source saying only about a quarter of eligible recipients had signed up so far, which likely refers to a narrower pool or earlier stage of participation.

Why the numbers differ

These figures are not necessarily contradictory. One number appears to refer to total children signed up for the program, while another refers to children who have already received deposits, and the “quarter signed up” line appears to come from a different report and context.

Most useful takeaway

If you want the latest broad signup count, the clearest headline is: more than 6 million children signed up.