Trump Accounts: A Gateway to Universal Basic Income?

The New American

The Trump administration's Trump Accounts program, initially for children, is expanding to include adults, potentially laying the groundwork for a universal basic income system funded by corporate investments. The program, established by the One Big Beautiful Bill Act, automatically enrolls eligible children in government-managed investment accounts with limited fund choices, controlled by major financial institutions. As the initiative grows, concerns arise over its implications for financial surveillance, data collection, and corporate influence over public wealth.

Read at The New American

All articles from 28 October 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.