Origins and political backing

Starting next year, babies born from 2025 to 2028 can receive $1,000 to start investment accounts. The initiative has gotten corporate America excited, with financial institutions vying for a role in the program, and philanthropists like Dell Technologies CEO Michael Dell pledging billions of dollars in donations. WSJ’s Alexander Saeedy unpacks how the accounts work and why Wall Street is buzzing about them. Jessica Mendoza hosts.

Further Listening:

- Closing the Wealth Gap With a Trust Fund for Babies

- The Nvidia CEO’s Quest to Sell Chips in China

- Inside Intel's Deal With the U.S. Government

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