Trump Officially Unveils ‘Trump Savings Accounts’: What To Know About The $1,000 Baby Bonuses

A group of high-profile CEOs joined President Donald Trump at the White House on Monday to showcase a proposed investment account program for newborn children, named after the president, as part of the Trump-backed budget bill, an initiative which would automatically grant a $1,000 investment account to newborn Americans.

Trump officially announced the “Trump savings accounts” at a Monday afternoon roundtable alongside Dell CEO Michael Dell, Goldman Sachs CEO David Solomon and Uber CEO Dara Khosrowshahi, deeming it one of the “most important” components of his second term.