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Brad Gerstner (@altcap) led creation of “Trump Accounts,” a federal program that…

Brief

Brad Gerstner built “Trump Accounts,” a federal program that seeds each American baby’s investment account with $1,000 from the U.S. Treasury. He says the idea originated with his teenage son, that he spent more than 1,000 hours over five years assembling a coalition without lawyers or lobbyists, and that he brought it to the Oval Office and into law.

Why it matters

Brad Gerstner (@altcap) led creation of “Trump Accounts,” a federal program that seeds every American baby’s investment account with $1,000 from the U.S. Treasury.

Key details

  • Gerstner says the idea began with his teenage son at the dinner table and that he personally spent over 1,000 hours across five years building the coalition and product without hiring lawyers or lobbyists; he took it to the Oval Office and it became federal law.
Source evidence

Brad Gerstner (@altcap) on how he built Trump Accounts — a new program that gives every American baby a $1k investment account seeded by the U.S. Treasury:

“I didn’t hire any lawyers. I didn’t hire any lobbyists. I didn’t have somebody else go do the work for me. I showed up in Washington and I spent over 1,000 hours of my life over the last five years relentlessly building a coalition and a product to win.”

The inside story of how one VC took a dinner-table idea (proposed by his teenage son) all the way to the Oval Office… and into federal law. @eventidia reports 👇