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Micron to Invest $250 Million in Trump Accounts for Kids
Micron says the program could support up to 1 million children and includes employee matching contributions of up to $1,000 per child.
- Micron Technology announced Monday a $250 million investment in Trump Accounts, government-run savings accounts designed to expand long-term financial opportunities for up to one million children ahead of America's 250th anniversary.
- Treasury Secretary Scott Bessent called the program a 'transformative policy initiative' that unlocks opportunity, while Dell Technologies CEO Michael Dell said the partnership creates 'long-term economic opportunity' for children and families.
- CEO Sanjay Mehrotra launched an internal matching benefit of up to $1,000 per child under 18, plus one-time $250 seed deposits for residents in Idaho, New York, Virginia, California, Colorado, Minnesota, and Texas where Micron operates.
- President Donald Trump claimed credit, writing 'My Policies are WORKING,' though critics including the National Review warn the accounts' benefits are 'trivial' and primarily benefit wealthy families with available capital to invest.
- The initiative complements Micron's previously announced $200 billion investment in America's memory manufacturing and research, expected to create more than 90,000 jobs while strengthening the domestic semiconductor ecosystem through K-12 STEM education and workforce programs.
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Micron Technology to Invest $250 Million in Trump Accounts - The Thinking Conservative News
Chip manufacturer Micron Technology is committing $250 million to Trump Accounts, the company said on July 1. The post Micron Technology to Invest $250 Million in Trump Accounts appeared first on The Thinking Conservative News.
Micron Technology to Invest $250 Million in Trump Accounts
Chip manufacturer Micron Technology is committing $250 million to Trump Accounts, the company said on July 1. Micron will match employee contributes up to $1,000 per child under 18. It will also issue a one-time $250 seed deposit for eligible children in the states where the major semiconductor manufacturer operates, including California, New York, Texas, and Virginia. The pledge is expected to support up to one million children. “We appreciate …
·New York, United States
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Total News Sources24
Leaning Left1Leaning Right9Center9Last UpdatedBias Distribution48% Center, 47% Right
Bias Distribution
- 48% of the sources are Center, 47% of the sources lean Right
48% Center
C 48%
R 47%
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