Trump and Nicki Minaj Promote Federal Child Investment Accounts

President Donald Trump and rapper Nicki Minaj promoted the federal Trump Accounts initiative during a Washington summit to establish tax-advantaged investment funds for children.The program provides an initial $1,000 Treasury deposit for infants born through 2028, with private donors like Michael Dell and Susan Dell pledging $6.25 billion to expand coverage.While supporters argue the plan will create a generation of millionaires, critics expressed concerns that the initiative could function as a tax shelter for wealthy families.