A New Proposal Sparks Debate: What Trump’s “Newborn Savings Account” Idea Could Mean for American Families

similar ideas in the past, including “Baby Bonds,” education trust funds, and matched savings programs. But renewed public attention has thrust the idea back into the spotlight. Supporters see it as a bold attempt to reduce wealth inequality and give every child a financial foothold.

Critics warn that tying children’s futures to stock market performance continue reading …