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Is this from a mandatory wealth reporting from a young age?
Just saw a news article from Blocktempo:
"The U.S. Treasury Department officially launches the 'Trump Accounts' official app: fully operational on 7/4, encouraging everyone to start investing from a young age!
This welfare policy, originating from a new law in 2025, will provide free 'seed money' of $1,000 to American children born between 2025 and 2028, directly invested in U.S. stock index funds.
The Treasury Department has also partnered with well-known broker Robinhood and Bank of New York Mellon to create a dedicated app, aiming for full launch on July 4th, U.S. Independence Day, so that the next generation of ordinary families can participate in the financial markets painlessly from a young age."
All I can say is that America's welfare benefits are really attractive~