President Donald Trump announces the launch of government savings accounts for Americans’ children at the White House on Tuesday, December 2.

Treasury Secretary Scott Bessent told Breitbart News in July that the “Trump Accounts” would provide from the government “$1,000 seed investment for every newborn American and allows up to $5,000 in annual private contributions.”

He added that the Treasury will work to ensure schools and communities are educating account-holders about long-term saving, investment strategy, and compound growth. “We want you to understand it. We want you to learn about it.”

The initiative is already gaining private-sector…

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