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US Treasury completes automatic registration of eligible children to Trump accounts

Fortune ·

  1. 1The Treasury completed the automatic registration of over 60 million eligible children to Trump accounts on October 1.
  2. 2President Donald Trump announced on October 7 that all eligible minors in the US have been automatically registered to Trump accounts.
  3. 3The total number of Trump accounts, approximately 70 million, includes a government initial seed money of $1,000 for eligible children.

So what's the key point?

The US Treasury has automatically registered 60 million eligible children to Trump accounts. These accounts include $1,000 provided by the government.

Source Fortune · View original ↗

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