New Delhi, Jan. 28 -- US President Donald Trump is set to deliver remarks on a new government-backed investment scheme known as "Trump Accounts" on Wednesday (Jannuary 28) at 11 a.m. ET, according to White House press secretary Karoline Leavitt.

Leavitt wrote on X that the accounts are "one of the greatest feats from the One Big Beautiful Bill," referring to the administration's sweeping tax and spending legislation passed over the summer.

Under the new law, the US Treasury will deposit $1,000 into an investment account for every American child born between January 1, 2025, and December 31, 2028. The accounts are fully in the child's name, with parents or legal guardians acting as custodians until the child turns 18.

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