Washington, July 6 (IANS) US President Donald Trump on Monday officially launched the “Trump Accounts”, a new investment programme aimed at giving American children an early financial stake in the country’s economy, describing it as one of the most significant initiatives of his presidency.Speaking at the White House during what organisers described as the first joint opening bell ceremony involving the New York Stock Exchange and Nasdaq, Trump said the accounts would allow children to accumulat…
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Washington, July 6 (IANS) America’s leading financial institutions and some of its biggest corporate philanthropists on Monday joined forces behind a new initiative to give millions of children an early stake in the US economy, marking an unprecedented collaboration between the New York Stock Exchange and Nasdaq. The White House event, hosted by President Donald Trump to launch the “Trump Accounts” programme, also featured what organisers described as the first-ever joint opening bell ceremony i…
Washington, Jan 29 (IANS) US President Donald Trump has claimed a surge in investment, record stock market gains, and strong backing from major technology, finance, and consumer companies, as he argued the United States is entering an unprecedented economic expansion.Speaking at the Treasury Department’s Trump Accounts Summit on Wednesday (local time), Trump said more than “$18 trillion” in investment is flowing into the US, driving large-scale construction across industries from automobil…
Washington, Jan 29 (IANS) US President Donald Trump on Wednesday unveiled a new federal initiative called “Trump Accounts,” saying the programme would provide every newborn American child with a government-funded investment account to give families a financial head start from birth.Speaking at the Treasury Department’s Trump Accounts Summit, Trump said the initiative would “give every newborn American child a financial stake in the future,” calling it a way to ensure that children begi…