Tag: financial_security
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Treasury Secretary Bessent Urges Community Banks to Bolster Financial Security Against Illicit Activity
Treasury Secretary Scott Bessent called on community banks to be the first line of defense against financial crime, highlighting new guidance and an Executive Order to combat fraud and illicit activity, particularly in areas like Houston.
BusinessPolitics and GovernmentLaw EnforcementEconomyFederal GovernmentEmployment and LaborWhite House US TreasuryCommunity BanksFinancial SecurityFraudExecutive OrderFinCENTexas
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Treasury Secretary Bessent and First Lady Trump Unveil "Trump Accounts" for Foster Youth Financial Security
Treasury Secretary Scott Bessent and First Lady Melania Trump launched an initiative to provide foster youth with "Trump Accounts," enhancing financial education and wealth-building opportunities for long-term independence.
Politics and GovernmentBusinessFederal GovernmentEconomySocial IssuesEducation Scott BessentMelania TrumpTrump AccountsFoster YouthFinancial SecurityU.S. Department of the TreasuryFostering the Future InitiativeUS Treasury
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US Treasury and First Lady Launch Financial Security Accounts for Foster Youth
First Lady Melania Trump's Fostering the Future initiative, in partnership with the US Treasury, launches "Fostering the Future Accounts" for foster youth. These accounts, powered by Trump Accounts, aim to provide long-term financial security and opportunity for vulnerable children.
Politics and GovernmentBusinessGeneral PoliticsFederal GovernmentState GovernmentsEconomySocial Issues Trump AccountsFoster YouthMelania TrumpScott BessentUS TreasuryFinancial SecurityChild Welfare
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Governor Ivey Urges Alabama Families to Open Trump Accounts for Children
Governor Kay Ivey encourages Alabama families to open new tax-advantaged Trump Accounts for children, launching July 4, 2026. These accounts offer a $1,000 initial deposit for eligible children and aim to build long-term financial security.
Politics and GovernmentBusinessState GovernmentsFederal GovernmentEconomyFinancial MarketsEducationSocial Issues Governor Kay IveyAlabamaTrump AccountsFinancial SecurityChildrenInvestmentTax-advantagedAlabama Governor's Office
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Treasury Launches Trump Accounts App, Prepares for July 4 Program Rollout
The U.S. Treasury has launched the Trump Accounts app, a new interface for a policy aimed at building financial strength for American families. Account activation begins now for those already signed up, with full program launch and initial contributions set…
Politics and GovernmentBusinessFederal GovernmentEconomyFinancial MarketsEducationSocial Issues Trump AccountsU.S. Department of the TreasuryScott BessentFinancial SecurityMobile AppJuly 4, 2026WashingtonUS Treasury