Story perspectives

Ray Dalio Donates $75M to New Child Investment Program

12/17/2025

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Summary

Story summary

Ray Dalio, a hedge fund manager, will contribute $75 million to the "Trump accounts" program for U.S. children born in 2025–2028.
The program awards a $1,000 federal investment per child and allows up to $5,000 in parental contributions annually.
Treasury Secretary Scott Bessent announced the launch and a website, inviting donations from other states.
Treasury Secretary Scott Bessent notes Democrats' push for higher federal contributions, but prioritizes establishing the program.

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Story summary

Ray Dalio, a hedge fund manager, will contribute $75 million to the "Trump accounts" program for U.S. children born in 2025–2028.
The program awards a $1,000 federal investment per child and allows up to $5,000 in parental contributions annually.
Treasury Secretary Scott Bessent announced the launch and a website, inviting donations from other states.
Treasury Secretary Scott Bessent notes Democrats' push for higher federal contributions, but prioritizes establishing the program.