Could ‘Trump Accounts’ Actually Close the Wealth Gap?

This month, President Trump announced the start of “Trump accounts,” an investment device that could eventually help address the nation’s wealth gap. Claire Cain Miller, who covers families and education for The New York Times, explains how these accounts work and why so many Americans have yet to sign up. Guest: Claire Cain Miller writes for The Upshot, which uses data and visuals to help explain the world. Background reading: Many children don’t have Trump accounts. Some are missing out on $1,000. Photo: Allison Robbert for The New York Times For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.