WASHINGTON, July 1 -- Sen. Cory Booker issued the following press release:
Today, U.S. Senator Cory Booker (D-NJ) joined Big Brothers Big Sisters of Essex, Hudson & Union Counties CEO Carlos Lejnieks and Invest America founder Brad Gerstner for a community celebration marking the launch of children's investment accounts - also known as Trump Accounts - a transformational national initiative designed to help families build long-term financial security for children across America.
These accounts, building on proposals including Senator Booker's American Opportunity Accounts Act - known as "Baby Bonds" - are private, tax-advantaged, interest-bearing savings accounts available to every American child at birth. Each account is seeded with a $1...