According to the article, Trump Accounts were created under the One Big Beautiful Bill Act signed July 4, 2025, and the government has automatically enrolled about 70 million children. Eligible children born from 2025 through 2028 receive a one-time $1,000 Treasury contribution, and contributions can reach $5,000 a year. Treasury selected State Street’s S&P 500 fund as the default and approved four alternatives from BlackRock, Vanguard, and State Street, while parents initially have no choice. Senator Bernie Moreno proposed extending eligibility to Americans under 40, potentially adding roughly 100 million people, and Brad Gerstner said the change could come within months. The author argues that the program, backed by major financial firms and linked to WEF partners, could become a path to universal basic income tied to digital identification and financial surveillance.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Trump Accounts : A Gateway to Universal Basic Income ?
Read the original on thenewamerican.com ↗
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Donald Trumpsavings accountsinvestment trusts
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SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 773.09 |
| Change that session | +0.53% |
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