Former Obama official calls Trump Accounts a ‘win-win’

Former Obama Council chair Mohamed el-Erian discusses the benefits of Trump Accounts for American families on 'America Reports.'

Former Obama Global Development Council chair Mohamed El-Erian supports President Donald Trump's child investment accounts, labeling them a 'win-win.' He explains how the program, featuring tax-deferred compounding and low fees, can significantly boost financial literacy and grow an initial $1,000 investment to over $1 million by age 28.