Trump Administration Launches New Investment Account for Every U.S. Child

The Trump administration is launching a new financial initiative offering every newborn in the US a $1,000 investment starting in 2025. This program aims to equip children from all socioeconomic backgrounds with exposure to the stock market through government-approved accounts. Known as the Trump Account, these accounts will allow parents to contribute up to $5,000 per year towards their child’s future via a mix of federal assistance, tax advantages, and philanthropic donations.