Widely reported, Trump Accounts, named by House Republicans, are mainly a mix of Treasury seed money, generous private donations like the $6.25 billion from Michael and Susan Dell (Dell computers) and corporate matching funds by three dozen companies like: Bank of America, BlackRock, Charles Schwab, JPMorgan Chase, Visa and MC, to name a few.

Funds are locked until the child turns 18, preventing parents from raiding the accounts.

Addressing your concerns regarding job losses due to tariffs or inflation, you remain in good hands with President Donald Trump. Here’s why:

1) According to the nonpartisan Committee for a Responsible Federal Budget: If the Trump administration’s new Section 122 tariffs are extended by Congress or replicated through other authorities, it is estimated the tariffs would generate over $900 billion over the Fiscal Year 2026 to 2036 period at a 10% rate, or $1.3 trillion at 15%.

2) According to the American Presidency Project: As of early 2026, under President Donald Trump, national median rents have fallen from their August 2022 peak by 6.2%, experiencing multiple consecutive months of decline. Under the Biden era, rents saw significant surges, with one-bedroom apartments in major cities increasing by an average of 41% ($457 per month). In addition, mortgage rates under President Donald Trump have fallen below 6% per Freddie Mac. Mortgage rates under Biden peaked at nearly 8% in October of 2023.

3) The letter writer should be relieved that inflation is 2.4% under President Donald Trump, falling from a four-decade high of 9.1% under Biden.

Lastly, the writer states this wasn’t thought through. I strongly disagree. Trump Accounts are touted as one of the most significant federal investments in child asset-building in decades. Reported in Fortune, BlackRock CEO Larry Fink stated Trump Accounts means kids can have $270,000 saved by age 18. That’s twice as much as most adults have now; I say: Bravo, President Donald Trump!

Wanda Dietz

Franklin Twp.