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The Treasury Department announced that 'Trump Accounts,' the administration's child savings program, will begin auto-enrolling eligible children, potentially adding as many as 60 million new accounts. The move significantly expands the reach of the program without requiring parents to actively sign up. The announcement is part of a broader administration push on financial and economic policy initiatives, and families are being advised on what the auto-enrollment means for eligibility and account management.
Sources:CNBC Top News