Melania Trump Launches First-of-Its-Kind Foster Youth Accounts to Give Children Asset Ownership

Beckman said, telling host Mike Slater ahead of the 11 a.m. Eastern event at the Treasury Department, that the first lady is “producing measurable results for our country again” and describing her as “an action-oriented leader” focused on “protecting our American children.”

Beckman said the first lady is moving “back on the foster care front” as America launches the “Fostering the Future accounts,” calling the effort “her idea” and saying she “architected this new financial resource” to help foster youth become “fiscally autonomous upon reaching the age of majority.”

“We’re giving foster children the same chance for asset ownership and long-term wealth building that every other American child has,” Beckman said. He added that the broader goal is to “help strengthen America’s workforce, our communities, and our economic future.”

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