“As Congress continues to finalize the reconciliation package, the Milken Institute supports the key provisions for Trump Accounts and Opportunity Zones that will advance economic mobility for all Americans,” said Michael Piwowar, EVP of Finance at the Milken Institute. “We commend the inclusion of Trump Accounts, previously known as Invest America Accounts, as a way to build financial security for the next generation of Americans through $1,000 government-seeded investment accounts. As noted in the Milken Institute’s recent report, The Economic Impact of Invest America Accounts, this type of investment tool will provide opportunities to enhance early wealth building, increase financial literacy, and bolster economic mobility. In the bill, Opportunity Zones are strengthened and expanded as an economic development tool for forgotten communities and enhance investment in job-creating small businesses.”
