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President Trump will host a roundtable to promote a provision in the Republican bill that would provide every American newborn with a $1,000 investment account.
The accounts, called "Trump Accounts," will be established for all newborn US citizen children under a pilot program included in the House-passed legislation.
The government will contribute $1,000 to the accounts, which will be placed in an index fund tied to the stock market and managed by the child's legal guardians.
Top executives from companies like Dell, Uber, and Goldman Sachs are expected to pledge billions of dollars in investments into Trump Accounts for the children of their employees.
Dell Technologies CEO Michael Dell stated, "Dell Technologies will proudly match dollar for dollar the government’s seed investment into these accounts for all the children born to Dell team members."
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