Trump touts 'Trump accounts' for babies as part of affordability pitch

The Manila Times 2026-01-29

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Trump touts 'Trump accounts' for babies as part of affordability pitch

President Donald Trump on Jan. 28, 2026 rolls out his government-supported investment accounts for babies in the United States and urged American businesses to contribute to employees' family accounts. The White House is setting up these investments account for newborns in the next three years with initial government seed money. The accounts - named after Trump - were created last year under the president's One Big Beautiful Bill act, his party's signature tax and spending legislation. The US Treasury says it will deposit $1,000 into investment accounts for all children born between 2025 and 2028, with some 25 million families estimated to be eligible.

REUTERS

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