Donald Trump’s baby bonds are moving closer to reality. Hedge fund billionaire Ray Dalio has signed up to the idea, as has Michael Dell. Dalio will provide $250 each for 300,000 children, while Dell’s $6.25 billion pledge would fund 25 million accounts nationwide. The so-called Trump Accounts resemble retirement accounts, except they begin at birth with the US government depositing $1,000 in index funds. Still, policymakers from across the US political spectrum have voiced support for the concept of baby bonds.

Source: The Irish Times December 22, 2025 10:42 UTC