President Donald Trump on Monday gets to ring the opening bells for the New York Stock Exchange and the Nasdaq from the golden confines of the Oval Office, a symbolic act that reflects how he has increasingly tied his presidency to the stock market.

Trump has tried to get more Americans to focus on their 401(k) investments, claiming that his policies should get the credit for any gains, particularly as the November midterm elections draw closer.

“It’s all going well — the stock market is setting records virtually every day,” Trump told reporters on last week before boarding Air Force One. “Thank you, President Trump.”

Only 33% of U.S. adults approve of Trump’s economic leadership, according to a June survey by The Associated Press-NORC Center for Public Affairs Research.

The act of ringing the opening bell suggests why the president’s emphasis on the stock market might not help his party much with voters this fall.

The Oval Office event is aimed at promoting the launch of Trump Accounts, which were created as a vehicle for children to have investments in stock indexes as part of Republicans’ big 2025 tax and spending cuts bill.

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