70 Million Kids Just Got Trump Accounts. The Bigger Winner Could Be State Street
The Trump Accounts rollout places nearly 70 million children in a new investment system that initially directs contributions into a single State Street ETF. The excerpt identifies this scale of participation, rather than the $1,000 government contribution, as the central figure.
Why it matters — STT watchers may be interested because the new system initially channels contributions into one of State Street’s ETFs.