President Donald Trump says automatic enrollment is now active for children under 18 to receive “Trump Accounts,” which are presented as government-set up accounts for investing in stocks. Outlets report Trump’s announcement comes after a period when accounts were launched and enrollment expanded.
The reports describe rapid account creation since the initiative began in July, with figures cited around nearly 70 million accounts and several million created through the automatic process in the first months. The outlets also note that while children are automatically set up with accounts, parents or guardians may need to take additional steps to access financial benefits tied to the program. The coverage focuses on the scale of rollout and the role of automatic enrollment versus parent or guardian claiming or managing participation.
