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Trump Accounts Launch for Newborns | San Antonio News
Starting July 4th, the government launches “Trump Accounts” — giving every newborn a $1,000 investment starter fund, locked until age 18 for big purchases like homes or college. Tied to the nation’s 250th birthday, the program aims to ignite youth interest in stocks, backed by billionaire pledges and tech CEO donations. While supporters tout long-term financial empowerment, critics argue it ignores urgent family needs amid cuts to existing social programs. Employers, charities, and relatives are encouraged to chip in, with funds managed by private firms in low-fee index funds. Parents can…
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