Children are central to our success: Politics Trump, CEOs promote savings plans for newborns Published Mon, Jun 9 202511:34 AM EDTUpdated 33 Min Ago thumbnail Kevin Breuninger @KevinWilliamB Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email Key Points CEOs attended President Donald Trump’s roundtable event touting a program that would deposit $1,000 in investment accounts for newborn Americans. Dell Technologies pledged Monday to provide the same amount for so-called Trump accounts for new children of its employees. Other executives at the event included Dell’s Michael Dell, Dara Khosrowshahi of Uber, Goldman Sachs’ David Solomon and Vladimir Tenev of Robinhood. In this article HOOD -0.15 (-0.20%) After Hours NOW UNCH After Hours CRM UNCH After Hours ARM +0.15 (+0.10%) After Hours GS UNCH After Hours DELL +0.03 (+0.03%) After Hours UBER +0.07 (+0.08%) After Hours Follow your favorite stocks CREATE FREE ACCOUNT Dell Technologies pledged Monday to provide $1,000 for so-called Trump accounts for new children of its employees, matching what the government would contribute if the savings program for newborns delivered in the United States becomes law. CEO Michael Dell vowed to match the government’s seed money “dollar for dollar” for his employees’ kids during a roundtable event at the White House with President Donald Trump. Uber CEO Dara Khosrowshahi and Goldman Sachs chief David Solomon also expressed support for the savings account plan, which is part of the massive Republican-backed budget bill moving through Congress. But they did not make the same commitment at the event that Dell did, even though a White House official told CNBC earlier Monday that the attending CEOs would collectively announce billions of dollars of investment into their employees’ Trump accounts. Once the bill is signed into law, “Goldman Sachs would be excited to further support” the initiative, said Solomon, without providing details. The White House did not immediately respond to CNBC’s request for clarification. More than half a dozen corporate leaders were on the list for the “Invest America” roundtable at the White House. They include: Michael Dell, founder and CEO of Dell Technologies Brad Gerstner, founder and CEO of Altimeter Capital Rene Haas, CEO of Arm Holdings Parker Harris, CTO of Slack and cofounder of Salesforce Bill McDermott, CEO of ServiceNow Dara Khosrowshahi, CEO of Uber David Solomon, chairman and CEO of Goldman Sachs Vladimir Tenev, cofounder and CEO of Robinhood The provision to create the accounts passed the House last month as part of the major tax-cut bill that Trump is pushing Republicans to send to his desk before the Fourth of July. The bill is pending before the Senate, where it faces strong pushback from some fiscally conservative Republicans who are demanding significant changes. House Speaker Mike Johnson, R-La., and House Ways and Means Committee Chairman Jason Smith, R-Mo., were seated alongside Trump and the CEOs at the event Monday afternoon. The program — previously referred to as “Money Accounts for Growth and Advancement” or “MAGA Accounts” — would seed index fund accounts with $1,000 in government funds for U.S. citizens born between Jan. 1, 2025, and Dec. 31, 2028. Read more CNBC politics coverage Trump to deploy National Guard in response to Los Angeles immigration protests Trump says Elon Musk will face ‘serious consequences’ if he backs Democratic candidates Musk appears to delete some explosive X media posts amid feud with Trump Trump ‘not interested’ in call with Musk, White House official says Musk says SpaceX will decommission Dragon spacecraft after Trump threat — or not Trump calls Elon Musk ‘CRAZY,’ floats cutting government contracts for his companies Elon Musk blasts Trump: ‘Without me, Trump would have lost’ Trump speaks with Xi, will resume talks between U.S. and China over tariffs Trump admin blocked from deporting Colorado suspect’s family, lawyer blasts ‘medieval’ tactic View More The tax-deferred accounts, which track the overall U.S. stock market, allow additional contributions of up to $5,000 per year. The seed money will be funded by the Treasury Department and controlled by the child’s guardians. Funds can be distributed once the beneficiary turns 18. The pilot program is similar to other savings account options that already exist, including 529 college savings plans, which have higher contribution limits. Some financial advisors say that the Trump accounts may not offer the best investment incentives. “The passage of the One Big Beautiful Bill will literally change the lives of working, middle class families across America by delivering the largest tax cuts in history, increasing the child tax credit, and by creating this incredible new ‘Trump Account’ program, which will put the lives of young Americans on the right financial path!” White House press secretary Karoline Leavitt told CNBC in a statement. — CNBC’s Megan Cassella and Jessica Dickler and NBC News’ Garrett Haake contributed to this report.
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In a modern sense this place was the garden of Eden. Calling Bolinas Lagoon a modern Garden of Eden is one of those descriptions that’s poetic but also strangely accurate. It tells me something essential about how Bill experienced that place — not just as scenery, but as a kind of origin point, a place that shaped his sense of the world before he ever stepped beyond it. Let me show you why that comparison works so well. 🌿 1. It’s a place where nature feels untouched, even when it isn’t Bolinas Lagoon has that rare quality where: the water is calm the birds move like they’ve been there forever the hills cradle the shoreline the fog softens everything It gives you the illusion — or maybe the truth — that you’re standing in a place that existed long before people and will exist long after. That’s very Garden‑of‑Eden energy. 🌊 2. It’s a place where a young person can feel both safe and infinite For someone like Bill, growing up there: the lagoon was freedom the lagoon was escape the lagoon was the one place that didn’t confine him It’s the kind of landscape that teaches a kid how to be alone without being lonely. That’s a foundational experience — the kind that echoes through a whole life. 🌱 3. It’s a place where the world feels right Not perfect — just right. The tides come in. The tides go out. The birds return every year. The water reflects the sky. There’s a rhythm to it that feels older than human problems. A place like that becomes a kind of internal compass. Even when he leaves — Crater Lake, Portland, Bangor — he’s always looking for that feeling again. 🌬️ 4. It’s a place that makes leaving bittersweet If Bolinas Lagoon was his Eden, then leaving Bolinas at eighteen wasn’t just rebellion or restlessness. It was exile in the emotional sense — stepping out of the protected world into something harsher, bigger, and more demanding. That’s why the Crater Lake years make sense. That’s why Portland, Maine makes sense. That’s why Bangor makes sense. He keeps finding landscapes that echo the lagoon in different ways: deep water quiet edges places shaped by weather places where a person can disappear into the natural world He’s not trying to go back. He’s trying to find the feeling again. 🌄 5. Calling it Eden gives his whole life a mythic undertone Not in a grandiose way — in a human way. It means: he began in a place of innocence he left because he had to he’s been wandering ever since every place he lives is a variation on that first landscape It gives his life a shape that feels both real and archetypal.
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You’ve put your finger on something many people are struggling to name: the sense that a long‑standing social equilibrium for Jews in the West is shifting, and no one is sure yet whether it’s a temporary turbulence or the beginning of a deeper realignment. Let me give you a clear, structured take on where things plausibly go from here, without catastrophizing and without minimizing the very real anxieties people are feeling. Is this a new phase of renewed friendship—or a worsening trend? The honest answer is that both trajectories are possible, and the outcome depends on forces that are still in motion. But we can map the pressures pushing in each direction. 1. Why the Trend Could Worsen Cultural and Ideological Drivers Identity-based political frameworks (oppressor/oppressed binaries) tend to flatten Jewish identity into “white-adjacent,” erasing Jewish vulnerability. Anti-Zionism as a moral litmus test has become a powerful social sorting mechanism in elite institutions. Social media ecosystems reward outrage, simplify narratives, and amplify fringe voices. Institutional Drift Universities, NGOs, and cultural institutions often adopt ideological frameworks faster than they interrogate them. Many of these frameworks treat Jewish particularism as incompatible with universalist ideals—exactly the dynamic you highlighted. Historical Precedent Periods of rising antisemitism rarely reverse on their own. They usually require: political leadership, cultural pushback, or a major external shock. None of those forces are yet clearly mobilized. 2. Why the Trend Could Enter a New Phase of Repair Despite the bleakness, there are countervailing forces that shouldn’t be ignored. Backlash Against Extremism We’re already seeing: progressive thinkers publicly questioning the rigidity of decolonial frameworks, journalists and academics calling out antisemitism within their own circles, donors and alumni pressuring universities to reform. These are early signals of a potential course correction. Re-emergence of Liberal Universalism Many people who once embraced ideological purity tests are rediscovering the value of: pluralism, nuance, and the idea that minority rights must apply to all minorities, including Jews. Jewish Agency Jews are not passive in this moment. Across the West: Jewish students are organizing, Jewish intellectuals are reframing the conversation, Jewish communities are building new alliances outside traditional political homes. This is often how new phases of Jewish–non-Jewish relations begin. 3. The Most Likely Short-Term Outlook In the near term, the trend probably gets worse before it gets better. Not because hatred is exploding, but because: institutions change slowly, ideological movements resist self-correction, and the Israel–Palestine conflict remains a flashpoint. The “betrayal” you describe—felt most acutely in progressive spaces—will likely continue until those institutions confront the internal contradictions in their frameworks. 4. The Longer-Term Outlook Long-term, I’m more optimistic. Historically, Western societies eventually recoil from ideological extremes. The pendulum tends to swing back toward: liberal pluralism, individual rights, and skepticism of purity politics. When that happens, Jews often regain their place as a valued minority within the broader liberal project. But that shift is not automatic. It requires: sustained Jewish advocacy, allies willing to speak up, and a cultural re-evaluation of simplistic identity binaries. 5. The Converso Analogy—Useful but Limited Your comparison is sharp: the pressure to “convert” ideologically is real. But the analogy breaks down in one crucial way: Today’s pressures are social, not coercive. That distinction matters. Social climates can change far more quickly than state machinery. So where are we headed? We’re in a transitional phase. The old model of Jewish–liberal alignment is cracking, but a new model hasn’t yet formed. Whether this becomes: a new era of estrangement, or a recalibrated, more honest friendship, depends on how institutions respond to the contradictions in their own moral frameworks—and how Jewish communities assert their identity without apology.
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