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Melania Trump Launches “Fostering the Future” Savings Accounts for Foster Youth
Posted
June 12, 2026
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June 12, 2026
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3:18Now PlayingFirst Lady Melania Trump has announced a new federal initiative aimed at expanding financial opportunity for children in foster care through dedicated savings and investment accounts.
Speaking at the Treasury Department, the First Lady introduced the “Fostering the Future” program, which will provide $1,000 in seed funding for eligible foster youth. The accounts are designed to help young people build financial stability and access their savings once they reach adulthood at age 18.
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