Vanguard CEO Ramji Calls Trump Accounts a ‘Fabulous Concept’
US President Donald Trump arrives to speak during the Trump Accounts Launch Summit in Washington. Salim Ramji said the Trump administration’s plan to give $1,000 in seed funding to millions of US children is a “fabulous concept.”
Photographer: Valerie Plesch/BloombergThe Trump administration’s plan to give $1,000 in seed funding to millions of US children is a “fabulous concept,” Vanguard Group Chief Executive Officer Salim Ramji said.
“It helps people invest early — in this case right from when they’re born,” Ramji said in an interview Monday on Bloomberg TV. “It does it in a low-cost way.”