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Melania Trump announces a new savings account for youth in foster care

CNBC · Jun 11, 2026, 3:24 PM · Also reported by 1 other source

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  • Ahead of the official launch of Trump Accounts, First Lady Melania Trump announced a new savings and investment vehicle in conjunction with the U.S.
  • "For the first time, children in foster care will have access to a dedicated investment and savings vehicle," she said in remarks.

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Ahead of the official launch of Trump Accounts, First Lady Melania Trump announced a new savings and investment vehicle in conjunction with the U.S. Department of Treasury that's geared toward children in foster care.

"For the first time, children in foster care will have access to a dedicated investment and savings vehicle," she said in remarks. "Education and savings accounts are the first steps toward personal independence."

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