The White Home is ready for one more go to from rapper Nicki Minaj, this time seeing her lend her assist for a brand new federal initiative aimed toward investing to enhance kids’s lives. The artist will probably be in attendance at a Treasury Division summit on Wednesday (Jan. 28), and she or he expressed her pleasure in a submit on X, previously Twitter, which quoted a fan’s submit.
“The true which means of paying it ahead,” she started within the submit. “Early monetary literacy & monetary assist for our youngsters will give them a serious head begin in life. In some instances, they are going to find yourself educating their very personal mother and father how one can make investments & what to put money into. This makes me very glad,” Minaj mentioned, including a bow to punctuate the caption.
The occasion, hosted by President Donald Trump and Treasury Division Secretary Scott Bessent, would be the formal announcement of “Trump Accounts,” a brand new funding account program for youngsters. Created by the One Massive Stunning Invoice Act, which grew to become legislation final 12 months, the accounts function equally to Particular person Retirement Preparations, or IRAs, and will probably be out there to kids underneath 18.
The account investments will develop, tax-free like IRAs. Account house owners can withdraw the cash as soon as they flip 18, however that cash can solely be used for pursuing an schooling, shopping for a house, retiring or beginning their very own enterprise. Every account could have $1,000 in federal seed cash, and eligibility will probably be decided by zip code, influenced by areas the place the median earnings is $150,000.
The summit will probably be Nicki Minaj’s second look on the White Home. She was readily available for an occasion decrying the reported violence towards Christians by Islamic-aligned terror teams in Nigeria. The Pink Friday rapper has been extra vocally supporting of the MAGA motion, lately sitting down with Erika Kirk, the widow of conservative activist Charlie Kirk, at Turning Level USA’s AmericaFest.
Additionally anticipated to be in attendance on the summit is Shark Tank investor Kevin O’Leary, and actress Cheryl Hines, who’s married to Well being Secretary Robert F. Kennedy Jr. The Treasury Division can also be planning to tout the Trump Accounts to households throughout the upcoming Tremendous Bowl with a industrial, in accordance with reporting from Rolling Stone.
