Melania Trump Unveils New Plan To Give Foster Kids A Financial Head Start

First Lady Melania Trump and Treasury Secretary Scott Bessent on Thursday announced the launch of Fostering the Future Accounts, a new expansion of Trump Accounts designed to help children in foster care build long-term savings and wealth. The initiative allows state child welfare agencies to act as legal guardians for the purpose of opening government-backed savings and investment accounts for foster children, removing a major barrier that previously limited access.(snip) "Fostering the Future Accounts give foster children the same chance for asset ownership and long-term wealth building as every other American child," she said. She also emphasized the broader goal...