Standard & Poor's Global Corporation will provide matching donations for the government's project to donate to Trump's account.

Standard & Poor's Global Ratings said on Tuesday that the U.S. government will provide a $1,000 initial donation to eligible employee families for the proposed "Trump Account". The Trump Account is part of President Trump's "Beautiful Law" and is expected to be launched on July 4th. The U.S. Treasury Department will deposit $1,000 in seed funding into investment accounts for all children born between 2025 and 2028 with valid social security numbers. Standard & Poor's, along with Citigroup, Bank of America, Wells Fargo, and JPMorgan Chase, have launched similar matching programs.