WASHINGTON — The newly created “ Trump Accounts ,” designed to equip all U.S. children with savings accounts that accumulate interest until they are adults, received a major boost from the CEO of Dell Technologies this week — providing an extra cushion to a novel program partially spearheaded by Utah Rep. Blake Moore.
Michael and Susan Dell announced on Tuesday they would be donating $6.25 billion to seed some Trump Accounts, which were created in President Donald Trump’s massive tax bill earlier this summer.
The concept was heavily pushed by Moore in separate legislation, and the Utah Republican had a major role in crafting what he calls “monumental policy.”
“Every parent, every grandpa and grandma can now look and say, ‘I can get my grandkid this little toy or something,’ maybe that

Deseret News

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