Latest / Oakland News Today | 2 Min News | The Daily News Now!
Trump Accounts: $1000 for Every Kid | Oakland News
President Trump’s new “Trump Accounts” promise $1,000 for every child under 18, invested in low-cost index funds until age 18 for education or business—aiming to level the playing field and boost stock market participation. Over 7 million accounts are active, with babies born 2025–2028 eligible. Billionaires are pledging to contribute, while critics note delays: some parents, like a New Jersey couple who applied July 6, are waiting up to four weeks despite Treasury’s claim that most get funds within days. The program, similar to Democratic “baby bonds” but open to all income levels, comes…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.