Newsom Backs $1,000 Trump Accounts for California Children Despite State's Anti-Trump Politics
Updated
Updated · The New York Times · Aug 22
Newsom Backs $1,000 Trump Accounts for California Children Despite State's Anti-Trump Politics
3 articles · Updated · The New York Times · Aug 22
Summary
$1,000 federal deposits for babies born during Trump’s second term are prompting Gov. Gavin Newsom to urge California parents to open the new “Trump accounts” for children under 18.
Newsom called the accounts “one of the best things” Trump has done and argued families should look past the branding in a state where the president remains deeply unpopular.
California’s governor framed the pitch as policy, not partisanship, telling parents the money belongs to their children rather than to Trump.
Newsom also cast the program as familiar terrain, saying he created similar child savings accounts in San Francisco after being inspired by Hillary Clinton’s 2007 proposal for $5,000 “baby bonds.”