$1000 Trump Accounts For Kids & Congress Banned From Stock Trading? Yes!

Rep. Anna Paulina Luna on Tuesday followed through on a monthslong threat to try to force a vote on a bipartisan bill that would ban members of Congress from trading individual stocks. Luna, a Florida Republican, introduced a discharge petition to circumvent House leaders and put the measure on the floor for a vote if it receives 218 signatures. Politicians wanted to give kids a $1,000 kick-start on investing. The way Congress did it is complicated. The new type of savings accounts for children that made it into the One Big Beautiful Bill Act are custodial individual retirement accounts for kids, with special rules until the year the child turns 18. See omnystudio.com/listener for privacy information.