Visa Lets Cardholders Fund Trump Accounts with Rewards
Visa will let cardholders direct credit card rewards into Trump Accounts, government-backed savings seeded with $1,000 for children born 2025-2028, aiming to boost long-term family savings.
- Visa announced it will try to allow cardholders to deposit credit rewards into Trump Accounts, which are government-funded savings accounts established for children born between 2025 and 2028.
- The company said directing rewards into Trump Accounts will help families save for their children's futures, with the accounts starting with a $1,000 government investment.
- While Trump stated the accounts will give children 'real assets and a shot at financial freedom', a think tank argued they primarily benefit families that already have spare resources.
32 Articles
32 Articles
Trump Rallies Business Leaders to Fund Accounts for Babies
President Donald Trump rallied business leaders to supplement the thousand dollars that his Administration is giving every American child born between the years 2025 and 2028 in new “Trump Accounts” later this year. In an ebullient event in Washington, D.C., the President joined with a group of celebrities, CEOs, and members of the Administration to stoke support for the accounts, a modernized form of baby bond that can be invested more widely. …
POTUS: Trump Accounts Will 'Put $3-$4 Trillion of Wealth' in Young Americans' Hands
WASHINGTON–President Donald Trump forecasted at Wednesday's Trump Accounts Summit that Trump Accounts will "put $3-$4 trillion of wealth into the hands of young Americans" over the next 15 years.
Nicki Minaj Says She’s The President’s ‘Number One Fan’ At Trump Accounts Summit
Rapper Nicki Minaj appeared with Donald Trump at an event on Wednesday, where she described herself as “the president’s number one fan.”The recording artist spoke at the Trump Accounts Summit in Washington, D.C., and praised the president’s new initiative of creating investment accounts for American babies.“I am probably the president’s number one fan, and that’s not going to change,” Minaj, 43, told the crowd as she stood onstage with “Shark Ta…
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