The U.S. Treasury Department on Thursday released proposed investment guidance for Donald Trump Accounts, tax-deferred investment accounts for children designed to kickstart long-term savings. The proposed guidance requires eligible indices to primarily measure the broad performance of the U.S. or global equity markets and restricts investments to options with low expense ratios. Treasury Secretary Scott Bessent stated that this move will allow children to benefit more from decades of compound growth, ensuring investment returns remain in the accounts rather than being eroded by unnecessary fees.