Former financial advisor Cho pleaded guilty to federal charges for misappropriating client funds, spending millions on luxuries and debts. FINRA permanently expelled him for fabricating statements and refusing to cooperate with investigations into his fraudulent activities.
President Trump announces new "Trump Accounts" offering $1,000 from Treasury for children born 2025-2028, with additional contributions from individuals and businesses, aiming to boost future generations.
Trump Accounts launch, linking the 250th Declaration of Independence anniversary to boost kids' financial independence. Offers seed money, critics cite wealth gap concerns. Funds invested in stock market, accessible at 18 for tuition/business.
