Nearly 70 million kids now have a Trump Account—but parents have to claim it first. Here’s who gets the $1,000

The Trump administration says nearly every child in America now has a Trump Account. Whether the money in those accounts ever adds up to much is a different question. The Treasury Department announced Oct. 1 that it had finished automatically enrolling eligible children in the tax-advantaged investment accounts, creating accounts for more than 60 million kids who didn’t already have one. Combined with the families who signed up on their own, that brings the total to nearly 70 million accounts, according to the White House .

Source: Fortune Crypto