Source: CNN
“President Donald Trump hosted a roundtable at the White House on Monday to promote a key feature of the sweeping Republican domestic policy bill — a provision that would provide every American newborn with a $1,000 investment account. The accounts, which the administration has dubbed ‘Trump Accounts,’ would be established for all US citizen children born between January 2025 and January 2029 under a pilot program included in the House-passed legislation. The government’s $1,000 contribution would be placed in an index fund tied to the overall stock market and managed by the child’s legal guardians. The accounts will start at $1,000 per child and guardians or other private entities can contribute up to $5,000 additional dollars every year throughout the child’s life.” (06/10/25)
https://www.cnn.com/2025/06/09/politics/trump-accounts-newborn-1000