Topics
Treasury Department
The Treasury Department is expanding automatic enrollment of children in Trump Accounts, with guidance that could enroll up to 60 million children born between 2025 and 2028. This development was announced on 2026-10-26. The move follows earlier Treasury actions related to student loan collections and education policy changes.
What to know
- Guidance could enroll up to 60 million children born 2025‑2028 in Trump Accounts. Oct 26
- Children 17 and younger are eligible; all eligible children are automatically enrolled. Oct 26
- FinCEN levied a $1.2 billion penalty on Bank of America for AML violations. Oct 13
- The OCC imposed a $750 million civil money penalty, the largest in its history. Oct 13
- Collections on defaulted federal student loans restart in May after a pandemic‑era pause. Apr 21
Timeline
- Oct 26, 2026
- Oct 13, 2026
- Apr 21, 2025
- Apr 21, 2025
