Tom Maloney

It's pretty unprecedented.

I mean, there have been big philanthropic gifts before, but something going to cover 25 million children in the cover really is pretty unheard of.

And a gift to go through the federal government, I mean, he's donating the money to the U.S.

Department of Treasury.

That's pretty unusual too.

So it's quite an unprecedented gift.

That's right.

Yeah, those were created as part of the One Big Beautiful Bill.

As you mentioned, $1,000 for kids born between 2025 and 2028.

And what Dell is doing is kind of covering the gap for children 10 and under who aren't covered under that program and giving them $250 to be used for things like college or starting up their own business or a home deposit when they're 18 or older.

Yeah, that's right.

He's been working on this for a couple of years.

As you mentioned, it predates Trump.

Obviously, the name Trump Accounts certainly got his attention and I think helped put it into the one big beautiful bill.

But yeah, it's kind of an issue that

Democrats and Republicans have been interested in something like this, a product like this that gets everyday Americans invested in the stock market from a very young age.

It's kind of a bipartisan issue.

Yeah, that's right.

Dell stock was up about 4% last time I looked.

Trump obviously singling out Michael and Susan Dell for their donation this morning.