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 $US1000 ($1534) 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 $1534 contribution would be placed in an index fund tied to the overall stock market and managed by the child's legal guardians.
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