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Billionaire Ray Dalio joins push to fund Trump Accounts, pledging $75 million to Connecticut kids

Billionaire Ray Dalio has pledged $75 million to fund the Trump Accounts program aimed at creating investment accounts for children in Connecticut. This initiative is part of a broader effort by the U. S. Treasury, led by Secretary Scott Bessent, to secure financial futures for children across the nation through a '50 State Challenge' that encourages philanthropic contributions.

Billionaire Ray Dalio joins push to fund Trump Accounts, pledging $75 million to Connecticut kids

Credit: Abcnews

Key Highlights

  • Ray Dalio pledges $75 million to the Trump Accounts program.
  • The initiative targets investment accounts for children in Connecticut.
  • Secretary Scott Bessent leads the U. S. Treasury's '50 State Challenge'.
  • The program seeks to engage philanthropic donors for children's financial futures.
  • Dalio's contribution is part of a larger effort to support the Trump Accounts initiative.
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Sources

  1. Billionaire Ray Dalio joins push to fund Trump Accounts, pledging $75 million to Connecticut kids
  2. Ray Dalio becomes the latest billionaire to donate cash to 'Trump accounts' for kids
  3. Billionaire Ray Dalio joins push to fund Trump Accounts, pledging $75 million to Connecticut kids

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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