White House Expands Trump Accounts to Children in Foster Care

By The Epoch Times | Created at 2026-06-11 21:05:17 | Updated at 2026-06-11 22:30:45 1 hour ago
White House Expands Trump Accounts to Children in Foster Care

U.S. First Lady Melania Trump arrives in the White House Cross Hall in Washington on April 9, 2026. Mandel Ngan/AFP via Getty Images

A new savings and investment account will be available for children in foster care, the administration unveiled on June 11.

First Lady Melania Trump and Treasury Secretary Scott Bessent on Thursday introduced Fostering the Future Accounts, expanding the Trump Accounts framework to give each newborn a $1,000 tax‑deferred investment start.

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