Gavin Newsom hails Trump Accounts as best thing the prez has ever done in rare lovefest

Gov.Gavin Newsom heaped praise on President Donald Trump’s popular “Trump Accounts” that give free money to American kids — calling the policy one of the “best things” the president has ever done in a rare moment of praise for his nemesis.
“This was one of the really outstanding things this administration has done.They deserve a lot of credit and I hope people get the benefit of this program and don’t look at the politics of it,” Newsom said at a press conference Friday in San Francisco.
Newsom was joined by wife Jennifer Siebel Newsom, San Francisco Treasurer Jose Cisneros and venture capitalist Brad Gerstner, who has pushed for the kids’ tax-advantaged investment accounts as part of the nonprofit Invest America.“I’m enthusiastic about encouraging people to get a Trump account,” Newsom told reporters.
He urged Californians to use the accounts even if they aren’t fans of the president.“It’s one of the best things he’s done.
It’s one of the best things Ted Cruz has done.It’s one of the best things Corey Booker has done — they were out there promoting it,” the governor said.Trump Accounts were included in the president’s One Big Beautiful Bill and provide children born between January 1, 2025, and December 31, 2028 with $1,000.
Parents, guardians, family and employers can contribute up to $5,000 annually to the accounts, which can then compound significantly over the years.The accounts are one of Trump’s more popular policy proposals, with 76% of American adults backing the idea of government-backed “baby bonds” in an Urban Institute survey conducted this year.
Anyone U.S.citizen with a child 18 and under can open a Trump account, but the free $1,000 is only available to children born in the roughly four-year window.
Invest America and its partners are now working to secure philanthropic donations to expand the free seed money to more children.Donors Michael and Susan Dell this year committed $6.25 billion to s...