Trump Accounts Launch: Brad Gerstner 7/6/26

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**Katie Kramer** (1:02)
Hi, I'm CNBC producer Katie Kramer, today on Squawk Pod. Trump Accounts Savings Vehicles for Kids officially launched on America's 250th July 4th celebration, one of the orchestrators, Silicon Valley investor Brad Gerstner.

**Brad Gerstner** (1:17)
This is not a program. This is a platform. It is the largest unlock of direct philanthropy in the history of the country.

**Katie Kramer** (1:24)
A template to bring the American dream back down to earth.

**Brad Gerstner** (1:28)
Gwynne Shotwell's gift this morning, an extraordinary gift. Two million shares of SpaceX to two million kids. They'll hold in their accounts over the course of the next 10 to 20 years.

**Katie Kramer** (1:40)
Plus, the rest of today's news that got us squawking, red card drama.

**Joe Kernen** (1:45)
Well, let's try and win.

**Katie Kramer** (1:46)
And an affair to remember.

**Andrew Ross Sorkin** (1:48)
A royal wedding in New York City.

**Katie Kramer** (1:51)
It's Monday, July 6th, 2026 Squawk Pod begins right now.

**Andrew Ross Sorkin** (1:57)
Stand Becky by in three, two, one.

**Becky Quick** (2:02)
Good morning, everyone. Welcome to Squawk Box. Right here on CNBC, we are live from the NASDAQ market site in Times Square. I'm Becky Quick, along with Joe Kernen and Andrew Ross Sorkin.

**Andrew Ross Sorkin** (2:13)
President Trump marking the nation's 250th birthday over the weekend in a speech on the National Mall that was delayed nearly two hours by some bad weather. The president mixed appeals to patriotism with some of his themes from the campaign trail calling for new voting restrictions and a listing of achievements. On Friday, the president delivered a similar speech from Mount Rushmore where he warned that communism is a threat to American liberty.

**Donald Trump** (2:40)
Communism is a mortal threat to American liberty. It is the greatest threat to our country including World War I, World War II, Pearl Harbor or even 9-11.
We're not going to let this happen to us. It's the enemy of the Constitution. Above all, it's the enemy of July 4th, 1776

**Joe Kernen** (3:07)
US star soccer forward Fuller and Balogun is going to be available to play in the team's round of 16 match tonight against Belgium. After FIFA suspended a red card, it was given last Wednesday. It came after President Trump reportedly asked the soccer organization to review the red card. He was given the penalty for what appeared to be an accidental foul stepping on a player from Bosnia MSNOW confirming that President Trump called FIFA President Gianni Infantino about the penalty. An official said that the US government provided additional evidence to FIFA on true social. President Trump wrote in his words, thank you to FIFA for doing what was right and reversing a great injustice.
The Belgian Football Association said in its words, it was astonished by the reversal. European Soccer's governing body is expected to comment later today.

**Becky Quick** (4:08)
We're also learning more about high interest in wagering on the World Cup. DUNE Analytics says the Calshi saw more than $31 billion in notional trading volume last month. That's up more than 70 percent from May.
PolyMarkets International Event Contract Exchange set a record high in monthly volume in June. That reversed a downtrend that was seen in April and in May.
CNBC and Calshi have a commercial relationship that includes customer acquisition and minority investment. Today's big Calshi market is the United States versus Belgium game, which takes place tonight at 8 p.m. Eastern time. Users see the United States with a 52 percent chance of advancing versus 48 percent for Belgium. Belgium is an excellent team, ranked number nine in the world. And it has beat the United States team in the past.

**Joe Kernen** (4:59)
I've watched a lot. And I got a little bit disillusioned watching France and Paraguay because it was such a great game in terms of the defense that Paraguay put up. And I didn't think that was a penalty either. And then you give it to Mbappe or whatever. Of course he's going to win. And then they win that way. And it's like, okay, France moves on.