Treasury Secretary Scott Bessent and First Lady Melania Trump Announce Access to Trump Accounts for Foster Youth, under Mrs. Trump’s Fostering the Future Initiative

WASHINGTON, D.C. – Today, U.S. Treasury Secretary Scott Bessent and First Lady Melania Trump unveiled a new policy initiative designed to strengthen financial security and opportunity for young Americans in foster care. This initiative, part of First Lady Melania Trump’s “Fostering the Future” platform, expands access to financial education and introduces new pathways to promote wealth-building by making it easier for eligible foster youth nationwide to obtain access to a “Trump Account.” This landmark effort represents a significant step forward in ensuring that youth in foster care are equipped with the tools and resources needed to achieve long-term financial independence.