# Trump Accounts fail to win over skeptical parents

> A government savings program for babies loses traction when the president's name is attached to it.
- Title: Trump Accounts fail to win over skeptical parents | Shortify
- Summary: A government savings program for babies loses traction when the president's name is attached to it. The Trump Accounts program, offering one thousand dollars…
- Keywords: trump accounts, savings program, government policy, donald trump, michigan, partisan divide, politics, news, Trump, Accounts, fail, win
- Source: The Atlantic — https://theatlantic.com/politics/2026/10/opt-out-trump-accounts-savings/689112
- Read time: 1 min
- Topics: trump accounts, savings program, government policy, donald trump, michigan, partisan divide, politics, news
## Free money rejected over a name
Eloise, a Michigan veteran, turned down one thousand dollars in government seed money for her newborn because the Trump Accounts program bore the president's name. She feared it was a scam.

> Both my husband and I, our first reaction was like, Oh, this is a scam.
## Trump's track record haunts the program
Eloise's skepticism stemmed from Trump's history with a university, airline, steaks and casinos, all of which failed and left creditors or investors holding the bag. She also had moral objections.

> Ultimately, it's like, the man's a con man.
## The name itself is the obstacle
A Democratic investment idea meant to help children achieve financial security now risks becoming a casualty of partisan division. Lawmakers say the program has promise, but its greatest obstacle is its name.
## Key takeaway

The Trump Accounts program, offering one thousand dollars to newborns, struggles with public acceptance because parents distrust the president's brand and his history of failed ventures.