#StockAccount Donald Trump unveiled a plan to give every American child a $1, 000 stock account at birth, funded by a national endowment. The money would be locked until age 18 and invested in U.S.equities.
Trump says the goal is to teach "ownership over
entitlement" starting at birth. The program is estimated
to cost sg billion annually and would be managed by the
Treasury.
Funds would be held through a new federal app built in partnership with Fidelity.
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