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White House: Americans Pledge $125M to Trump Accounts in Five Days

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Source: Business Insider
White House: Americans Pledge $125M to Trump Accounts in Five Days
Photo: Business Insider
TL;DR

The White House says Americans have invested about $125 million in Trump Accounts in the first five days since their July 4 launch. Trump Accounts are investment accounts for children born 2025–2028, with the U.S. Treasury pledging to deposit $1,000 per child. Donors include SpaceX president Gwynne Shotwell (and her husband), Dell CEO Michael Dell and his wife, Ray Dalio and his wife, Altimeter Capital’s Brad Gerstner, and Nicki Minaj; companies like Goldman Sachs, Micron, and Bank of America have also announced contributions. The push has attracted attention as a major early showing of private funding for the program.

Topics:businesspolitics#child-investment-accounts#dell-family#gwynne-shotwell#politics#trump-accounts#white-house
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  1. The White House said Americans have invested $125 million in Trump Accounts in the first 5 days  Business Insider
  2. Trump Accounts are free money. Don't let politics stop you. | Opinion  USA Today
  3. Parents of Some Babies Face Delays Opening Trump Accounts  WSJ
  4. Two cheers for Trump Accounts  The Economist
  5. Should you sign your kids up for Trump Accounts? Four things to consider  NPR

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