Investor Ray Dalio to help fund ‘Trump accounts’ for some children

Ray Dalio, Bridgewater’s Co-Chairman and Co-Chief Investment Officer speaks during the Skybridge Capital SALT New York 2021 conference in New York

WASHINGTON, Dec 17 (Reuters) – Billionaire investor Ray Dalio will help fund the Trump administration’s investment accounts for certain children in Connecticut as part of an effort to secure donors for every U.S. state, Treasury Secretary Scott Bessent said on Wednesday.

Twenty other U.S. states are considering adding funds to the so-called Trump accounts, Bessent said at an event to tout the investment accounts for children born between 2025 and 2028.

(Reporting by Dan Burns and Susan Heavey; Editing by Doina Chiacu)