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CA Governor, Trump Administration Challenge Businesses to Fund Child Savings Accounts

Newsom said 600,000 California families have signed up as state officials promote tools to combine CalKIDS and federal child savings benefits.

Gov. Gavin Newsom on Friday threw his support behind Trump Accounts, encouraging California families to claim the federally created child savings account even as questions remain about the program. So far, about 600,000 accounts have reportedly been created for California kids.

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Breitbart broke the news in Los Angeles, United States on Monday, August 24, 2026.
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