World
VIDEO: Trump unveils $1,000 government-funded accounts for American babies

President Donald Trump has on Monday, June 9, 2025, introduced a sweeping new economic initiative aimed at newborn American citizens.
He made this announcement during an economic roundtable at the White House revealing a program named “Trump Accounts.
The plan guarantees a $1,000 federal contribution for every American child born between January 1, 2025, and December 31, 2028.
These funds will be deposited into tax-deferred accounts that will track the overall U.S. stock market.
Trump said the accounts are part of a “pro-family initiative” designed to promote long-term economic participation for future generations.
He made the announcement in the company of top CEOs, including executives from Uber, Goldman Sachs, and Dell Technologies.
“For every U.S. citizen born after December 31, 2024, and before January 1, 2029, the government will contribute $1,000,” Trump declared.
“These accounts will help families harness the strength of our growing economy,” he added.
Parents or legal guardians will control the accounts until the child reaches adulthood.
In addition to the federal seed money, private contributions of up to $5,000 per year will be allowed.
The White House described the program as a bold move to bridge generational wealth gaps and promote financial literacy.
Trump argued the plan would “empower American families” and create a “lifelong connection to capitalism” for every child.
Critics quickly raised concerns about funding sources and whether the proposal favors wealthier families with disposable income.
Some economic analysts welcomed the move but cautioned about long-term sustainability without a clear budget impact report.
The Department of Treasury is expected to work closely with financial institutions to design secure and transparent account structures.
According to White House officials, the program could be expanded beyond 2028 if successful.
Congressional approval is not immediately required, since the funding will initially use existing discretionary funds under executive authority.
However, legislative backing would be needed for long-term continuity beyond the proposed four-year window.
Democrats have not yet issued a formal response, though progressive groups demand equity safeguards to protect disadvantaged communities.
Republicans praised the move, calling it a “visionary investment” in American children and the economy.
The announcement marks another populist gesture by Trump, who is actively campaigning ahead of the 2026 midterms.
The full video of Trump’s statement is currently circulating online and drawing widespread reactions across social media platforms.
Observers say the initiative could significantly influence public opinion and become a key issue in upcoming policy debates.
Watch the video below.
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