July 1 : The U.S. Treasury has selected two BlackRock exchange-traded funds for Trump Accounts and named Vanguard as an alternate fund partner for the government's new child savings program, which is set to launch on July 4.BlackRock's iShares Core S&P 500 ETF (IVV) and iShares Core S&P Total U.S. Stock Marke

Treasury Secretary Bessent says Trump Accounts will invest in low-cost index funds, giving US newborns a $1,000 government-funded start in the stock market.

July 1 : The U.S. Treasury has selected two BlackRock exchange-traded funds for Trump Accounts and named Vanguard as an alternate fund partner for the government's new child…