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International Business Times UK
International Business Times UK
World
Dani Oh

Trump Accounts Could Make Your Child 'Very Rich': How Parents Can Claim the Free Government Gift

President Trump leading the official launch of Trump accounts at the Oval Office (Credit: The White House/YouTube Screenshot)

President Donald Trump has unveiled new government-backed 'Trump Accounts' that will give eligible children a free $1,000 investment, which he says could grow into 'hundreds of thousands of dollars' and make some 'very rich'.

Launching the programme on Monday by ringing the opening bells of the New York Stock Exchange and Nasdaq from the Oval Office, Trump confirmed that qualifying families can now apply through the official process to open accounts.

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