It was an unlikely venue for a press conference with a member of Trump’s cabinet—a small Italian restaurant just inside Ventura County. After three hours of waiting, Frasier actor Kelsey Grammer greeted Treasury Secretary Scott Bessent in front of a room filled with invited small business owners and Trump faithful.
Bessent didn’t take questions, apart from the ones read by Grammer. They were in the area to promote the new so-called 'Trump Accounts', billed as a way to help teach children financial literacy.
It’s an investment account linked to the stock market, to which the Trump administration says it will contribute $1000 to an eligible child born during his second term. Grammer, 71, said he had already signed up his 8-month-old youngest son for one of the accounts.
Secretary Bessent also met with selected local entrepreneurs and community leaders to "hear about how they are benefiting from the Working Families Tax Cuts Act to grow their businesses and the local economy."
