Latest / Texas News Today | 2 Min News | The Daily News Now!
Trump Accounts Launch for American Kids | Texas News
The U.S. Treasury just launched Trump Accounts — a bold new initiative letting every American child under 18 open a financial account in their own name, with babies born between 2023 and 2028 getting $1,000 upfront if parents sign them up. Backed by $800 million in initial funding — including a massive $6.25 billion pledge from the Dells — the program aims to invest in America’s future by giving kids a financial head start. With six million sign-ups already — 86% from families earning under $200,000 — the goal is simple: let small amounts grow over time through index funds, giving kids…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.