A major new financial initiative has been announced that would automatically enroll millions of children in government-managed investment accounts, allowing them to build stock portfolios from a young age. The proposal, outlined by a former U.S. president, aims to introduce young Americans to the markets through a structured savings program tied to their identities. Critics and supporters alike are likely to debate the implications of such a large-scale financial intervention for minors. Details on how the accounts would function and who would oversee them remain unclear.
President Donald Trump said Wednesday that 70 million children under the age of 18 will now have automatic "Trump Accounts" set up by the government to invest in stocks.
