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JPMorgan, Bank Of America Announce $1,000 Trump Account Match As Corporate America Support For Retirement Scheme Deepens

by The Wealth Advisor Contributor
JPMorgan Chase (JPM) and Bank of America (BAC) said morning that they will match the US government’s $1,000 contribution to so-called Trump accounts.

Featured

The Dollar Could Have Further To Fall As Its Decline Creates A ‘Double-Edged Sword’ For America

The U.S. dollar fell on Tuesday after President Donald Trump insisted the currency — which declined notably last year — is doing “great.”

Rick Rieder’s Donations To MAGA Rivals Tests Trump’s Fed Chair Demands

Rick Rieder, one of the finalists to lead the Fed, has donated to some of Donald Trump’s most prominent political rivals and Democratic leaders.

Trump's Fed Chair Pick May Come In The Next Week Or So: Bessent

President Trump has made it clear that he intends to replace Federal Reserve Chair Jerome Powell.

Recent

The Trust Advisor

Saying Yes When Others Say No: Inside Prairie Trust’s Advisor-Friendly Model

In an industry trending toward automation and standardization, Prairie Trust® stands apart with dedicated administrators, willingness to handle complex assets, and a problem-solving mindset. This Wisconsin-based trust company, a division of Waukesha State Bank, offers both directed and delegated trust arrangements, specializes in challenging estate settlements, and brings expertise in special needs trusts.

Washington Wire

Powell Flirts Again With A Dangerous Way To Describe Inflation: 'Transitory'

A fraught word resurfaced in the Federal Reserve’s lexicon again this week: "transitory."

Companies

Raymond James And Vanguard Lead Satisfaction Rankings In Latest Study

Vanguard and Raymond James Financial lead investor satisfaction rankings in J.D. Power’s latest study, highlighting key trends among investors.

Economy

Global Debt Reaches A Record High At The End Of Last Year

The global debt-to-GDP ratio increased for the first time since 2020, reaching a record $318 trillion at the end of last year.

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The Trust Advisor

Prince Andrew’s Daughters Beatrice And Eugenie ‘Angry’ As $60 Million Inheritance ‘Wiped Out’

Washington Wire

Here’s What Investors Want Even More Than A Fed Interest-Rate Cut This Week

Companies

Meta, Apple, Microsoft Report Earnings This Week: What To Watch

Companies

Trump Sues Jamie Dimon, JPMorgan Over 'Debanking' Claims, Complicating Life For The Nation's Largest Bank

The Trust Advisor

Samsung Heirs Sell Billions In Stock Amid AI Boom

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