Vanguard CEO calls Trump accounts a “fabulous concept”

The concept behind the Trump accounts, I think, is a fabulous concept because what it does is that it helps people invest early, in this case, right from when they're born. It does it in a lowcost way because the fees are capped um to a lowcost level. And the underlying ethos is a diversified broad-based set of indices.And as we look at the best ways in which to create long-term wealth for Americans, this has really been something that Vanguard's been talking about for a very long time. uh keep uh costs low ...