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Stock impact report

Wealthy Americans 'ringing our phones off the hook' to help with Trump accounts, Hassett says [FOX Business Network]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Americans are looking to help finance the seed money for the so-called " Trump accounts " for newborns. NEC Director Kevin Hassett said in a Friday appearance on FOX Business Network's " Mornings with Maria " that there has been a surge of interest among wealthy Americans interested in making donations to provide money to help fund the accounts above the government's contribution. "Michael Dell came out with $6.2 billion, and he said, 'You know what? For everybody 10 and under, I'm going to give them all $250, and he is doing that to 25 million people,'" Hassett said. "And since Michael Dell did that, we've got people, wealthy people from all over the country, ringing our phones off the hook, saying, ‘hey, we want to do that too.'" "It's a new model. It's a new platform for making society more just, but doing so voluntarily, with the well-earned profits of America's philanthropists," Hassett added. Hassett, who is under consideration to be nominated as the next Federal Reserve Show less Read more
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