A new savings vehicle, dubbed “Trump accounts,” is designed to help the rising generation of American children build wealth into adulthood. Under the multitrillion-dollar tax and spending bill signed by President Donald Trump in July, the federal government will contribute $1,000 to accounts set up for every American baby born in the next few years. Darrick Hamilton, Henry Cohen Professor of Economics and Urban Policy at the New School, is behind a comparable concept known as "baby bonds,"