Melania launches Trump Accounts for foster kids — and Democratic governors want no part of it

First lady Melania Trump and Treasury Secretary Scott Bessent announced Fostering the Future Accounts, a program providing $1,000 to U.S. newborns through Trump Accounts, with a focus on foster children. The initiative allows child welfare agencies to act as guardians for foster care enrollment, starting July 4, for children born between 2025 and 2028. Twenty-three Republican governors have pledged to enroll children in the program, which aims to improve long-term financial outcomes for foster youth.