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‘Trump Accounts’: A New Financial Product for American Children

In the United States, financial giants BNY and Robinhood will administer so-called “Trump Accounts” — investment accounts for children created as part of President Trump’s signature domestic spending bill passed last year. The New York Times reported that the program, which ties a sitting president’s name to a retail financial product for minors, represents an unprecedented fusion of political branding and personal finance. Details on contribution limits and investment options were not elaborated in available reports.

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