The HHS has paused federal childcare funding nationwide after videos posted on X (formerly Twitter) exposed apparent fraud in Minnesota program.  States must now provide receipts, photos, attendance records, and inspection data before funds resume.  Independent journalist Nick Shirley last week posted videos that he claims expose $110 million in fraud, after he went to several daycare centers in Minneapolis. 

President Trump's "Trump Accounts" initiative establishes tax-advantaged investment accounts for American children to build long-term wealth, modeled loosely on individual retirement accounts (IRAs). The program, enacted through the One Big Beautiful Bill Act, provides a one-time $1,000 government seed deposit for U.S. citizen children born between January 1, 2025, and December 31, 2028, with parents enrolling via a new IRS form during tax filing.