Newsom Praises "Trump Accounts" for Children

California Governor Gavin Newsom has praised "Trump Accounts," a new savings program for children created under President Trump's administration.

The praise came as a surprise to many, since Newsom is often a strong critic of the president. He is seen as a possible future presidential candidate himself.

Newsom also spoke positively about the first lady's efforts to support foster youth, children who live in the care of families other than their own.

At the same time, Newsom and California's First Partner celebrated a milestone for the state's own children's savings program, known as CalKIDS.

One million families have now claimed a CalKIDS account, sometimes called a "baby bond." These accounts give children money that can grow over time.

The idea behind both Trump Accounts and CalKIDS is similar: giving children a financial head start before they become adults.

Supporters say such programs can help reduce poverty and give young people more chances later in life, especially those from families with fewer resources.

Newsom's comments suggest that, despite his political differences with Trump, he sees value in some federal efforts aimed at children and families.

The announcement highlighted a rare moment of common ground between state and federal leaders on the issue of children's financial futures.