Dells Pledge $6 Billion to Fund ‘Trump Accounts’ for Kids’ Future
Under the federal plan, U.S. citi-
zens born from the beginning of 2025 through 2028 will receive a $1,000 federal grant to seed what are known as “Trump accounts.” Parents will be able to open and contribute to the accounts beginning July 4, 2026, with IRS guidance still forthcoming, according to CNBC. The Michael & Susan Dell Foun-
Tech mogul and wife will fund savings accounts to buy houses, start businesses.
D BY CHARLIE MCCARTHY
ell technologies found- er Michael Dell announced a $6.25 billion commitment to help millions of Ameri-
can children build long-term wealth through newly created tax-advantaged investment accounts. In an interview with CNBC, Dell
said the eff ort by him and his wife, Susan, is designed to support families “from the start” and encourage saving as children grow.
Dell argued that early investment
accounts can improve life outcomes, helping young people graduate, buy homes, and start businesses — the kind of upward mobility conserva- tives have long championed as the antidote to dependency and genera- tional poverty. The Dells’ pledge aligns with
the new federal program that allows parents to open special accounts for children under 18 with Social Secu- rity numbers.
dation is also stepping in for chil- dren not covered by the federal birth- year window. The Dells committed to seed
Trump accounts with $250 for chil- dren age 10 and younger who were born before Jan. 1, 2025. Invest America, a nonprofi t advo-
cacy group partnered with the Dells, said the funds are expected to cover roughly 25 million children age 10 and younger in ZIP codes where the medi- an income is $150,000 or less. The accounts are designed to invest
in low-cost, diversifi ed funds that track a U.S. stock index, a structure supporters say gives children a stake in American growth and aligns with free-market principles.
Supreme Court to Decide AR-15 Ban W
BY VAN CHARLES
hen Justice Brett Kavanaugh said last year
that the Supreme Court should “soon” address what he called the “AR-15 issue,” he wasn’t kidding. After falling one vote short of hearing a challenge to Maryland’s ban on possessing AR-15s — Justices Clarence Thomas, Samuel Alito, and Neil Gorsuch wanted to hear the case — the court is soon expected to hear a challenge to a similar ban in Cook County, Illinois. Two private citizens
challenged a Cook County law, which bans “the manufacture, sale, off er or display for sale, give, lend, transfer ownership of, acquire, carry or possess assault weapons and large- capacity magazines.” It specifically outlaws 60
rifles and pistols, including the popular AR-15 and AK-47-style firearms.
Cook County is just one of
several counties and cities with similar bans on those types of firearms, along with 10 states. After voting not to hear the Maryland case in June,
Kavanaugh issued a three-page statement in which he called Maryland’s law “questionable” and said he preferred pending cases in various federal courts of appeals be heard first. The Cook County case will
likely serve as a bellwether for those other cases and is just the latest in a series of challenges to gun laws that sprang to life after the Supreme Court’s landmark ruling that struck down a New York state law that required a special need to obtain a concealed carry permit. “It’s time for the court to
settle the AR-15 question once and for all,” said Brandon Combs, president of the Firearms Policy Coalition. “The Constitution doesn’t let governments ban a class of arms simply because politicians or judges dislike them.” The FPC in its brief argued
that the arms banned by Cook County are “in common use by any public measure,” adding that “with well over 20 million of the banned arms in circulation . . . the AR-15 is the most popular rifle in the country.” In a brief defending its law, Cook County said it is acting on behalf of its residents and that its law should stand.
JANUARY 2026 | NEWSMAX 33
DELL/CHIP SOMODEVILLA/GETTY IMAGES / RIFLE/PATRICK T. FALLON/AFP VIA GETTY IMAGES
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