Does Your Baby Qualify For a $1,000 Trump Account? Here’s the Latest

President Donald Trump touted his “Trump Accounts” at a U.S. Treasury event on Wednesday, during which he celebrated giving “every newborn American child a financial stake in the future.”

“We’ll fund those personal accounts with a seed contribution of $1,000 which will compound and grow over the course of their lives,” the President informed the crowd, who were greeted by a sign that read “Trump Accounts jumpstart the American dream.”

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Detailing how the initiative is set to work...