{"id":2648422,"date":"2026-08-22T21:02:02","date_gmt":"2026-08-23T01:02:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/newsom-breaks-with-usual-trump-criticism-to-tout-trump-accounts\/"},"modified":"2026-08-22T21:06:30","modified_gmt":"2026-08-23T01:06:30","slug":"newsom-breaks-with-usual-trump-criticism-to-tout-trump-accounts","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/newsom-breaks-with-usual-trump-criticism-to-tout-trump-accounts\/","title":{"rendered":"Newsom breaks with usual Trump criticism to tout Trump Accounts"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnewsom-breaks-with-usual-trump-criticism-to-tout-trump-accounts%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2648422&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Governor Gavin Newsom of California expressed positive views about President Donald Trump&#8217;s Trump Accounts, praising them during a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ny-gov-cuomo-shunned-experts-embraced-lobbyists-drove-top-health-officials-to-quit-over-pandemic-response-report\/\" title=\"NY Gov. Cuomo Shunned Experts, Embraced Lobbyists, Drove Top Health Officials To Quit Over Pandemic Response: Report\">recent press conference<\/a> while simultaneously promoting California&#8217;s own CalKIDS program. Newsom described the Trump Accounts-investment savings for children that are tax-deferred and accessible after age 18-as a direct, results-oriented initiative that benefits the next generation and fosters financial literacy. He highlighted bipartisan support for the program, noting involvement from Senators Ted Cruz and Cory Booker, and mentioning important contributions from corporations like Dell and other supporters. Although Newsom has been a critic of Trump generally, he acknowledged the program&#8217;s value and urged people to sign up for both Trump Accounts and CalKIDS, which provides additional funds for college or career path expenses. The Trump Accounts were launched a year prior, with official endorsements from the Trump management and notable donations to support the initiative. Newsom&#8217;s praise for the program marks a rare moment of bipartisan agreement on a Trump-led policy amid his often critical stance towards the former president.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<article class=\"fn-body\">\n<p class=\"wp-block-paragraph\">Gov. <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/gavin-newsom\/\">Gavin Newsom<\/a> (D-CA) spoke positively about President <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\">Donald Trump\u2019s<\/a> Trump Accounts on Friday in a rare break with the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/white-house\/\">White House<\/a> while touting a similar initiative in <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/california\/\">California<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">\u201cI am enthusiastic about getting people to get a Trump Account,\u201d Newsom said at a press conference promoting his <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.gov.ca.gov\/2026\/08\/21\/free-money-for-kids-governor-newsom-and-first-partner-celebrate-one-million-families-claim-calkids-baby-bonds-accounts\/\">CalKIDS program<\/a>. \u201cI think it\u2019s incredibly important. It\u2019s one of the best things he\u2019s done.\u201d <\/p>\n<section class=\"explore-more-section\" id=\"wex-recommended-widget\">\n<div class=\"magazine-container single\">\n<h1 class=\"magazine-title mt-2\">Recommended Stories<\/h1>\n<p>             <i class=\"fa-solid fa-play icon\"><\/i>         <\/div>\n<div class=\"explore-grid\">\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4697426\/newsom-touts-trump-accounts\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Newsom breaks with usual Trump criticism to tout Trump Accounts<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4697419\/usps-final-rule-restrict-mail-in-voting\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>USPS issues final rule to restrict mail-in voting and comply with executive order<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4697370\/karoline-leavitt-maga-super-pac\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Leavitt will return to Trump-aligned super PAC to spend more time with children<\/h3>\n<p>                         <\/a>                     <\/div>\n<\/p><\/div>\n<\/section>\n<p class=\"wp-block-paragraph\">The Trump Accounts officially launched on July Fourth after being signed into law as part of the One Big Beautiful Bill Act exactly one year prior. The accounts are <a href=\"https:\/\/amzn.to\/3YuVZYV\" >tax-deferred investment savings accounts<\/a> for children into which parents, family members, and others can contribute money. The beneficiary can access the funds only after turning 18.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-1\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-1\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-15\" data-wex-ad=\"art-dsk-inart-1\"><\/div>\n<\/div>\n<\/div>\n<div class=\"article-paywall\">\n<p class=\"wp-block-paragraph\">\u201cIt\u2019s direct, it\u2019s tangible, it\u2019s results-oriented; it\u2019s not lost in bureaucracy,\u201d Newsom also said. \u201cYou can see it, taste it, feel it; you\u2019re making a difference directly in the next generation; you\u2019re giving them hope. And so we\u2019re here to encourage people to take advantage of this, to not fall prey to the politics or the cynicism or maybe even the fear that if I download a Trump account, somehow that means something \u2014 it doesn\u2019t. It just means something for your kid. It\u2019s not Trump\u2019s money; it\u2019s your child\u2019s money.<\/p>\n<p class=\"wp-block-paragraph\">Newsom noted the bipartisan nature of the program, as Sens. Ted Cruz (R-TX) and Cory Booker (D-J) both championed the investment accounts and <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.google.com\/search?q=how+are+cory+booker+and+ted+cruz+involved+in+the+trump+accounts&#038;rlz=1C5GCEM_enUS1212US1212&#038;oq=how+are+cory+booker+and+ted+cruz+involved+in+the+trump+accounts&#038;gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIGCAEQRRhAMgYIAhBFGEDSAQg2NjE1ajBqN6gCALACAA&#038;sourceid=chrome&#038;source=chrome.ob&#038;ie=UTF-8\">worked to secure<\/a> funding from Fortune 1000 corporations. \u201cIt\u2019s one of the best things Ted Cruz has done,\u201d Newom said. \u201cIt\u2019s one of the best things Cory Booker has done, that were out there promoting it.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Dell CEO Michael Dell and his wife Susan announced a philanthropic gift of over $6 billion to the Trump Accounts, and individual states and other large corporations also made significant donations to the program, according to <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/atr.org\/trumpaccounts\/\">Americans for Tax Reform<\/a>. The Trump administration has touted the initiative as a way to educate the youth about financial literacy and invest in younger generations.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-2\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-2\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-16\" data-wex-ad=\"art-dsk-inart-2\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\"><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/4633263\/trump-accounts-official-launch\/\"><strong>TRUMP ACCOUNTS OFFICIALLY LAUNCH ONE YEAR AFTER BEING SIGNED INTO LAW<\/strong><\/a><\/p>\n<p class=\"wp-block-paragraph\">Newsom has emerged as one of Trump\u2019s staunchest critics throughout his second term in office, electing to mock and deride the president <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/3759230\/gavin-newsom-trump-social-media-strategy-backfire\/\">via social media<\/a>. Newsom is widely seen as a potential Democratic candidate in the 2028 presidential election.<\/p>\n<p class=\"wp-block-paragraph\">The California governor offered the praise while touting the similar CalKIDS initiative, which puts \u201cup to $1,500 in baby bond accounts to help pay for college, career training, or any path after high school,\u201d <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/x.com\/CAgovernor\/status\/2090896610675019917\">according to<\/a> Newsom\u2019s X account. \u201cI encourage everyone to sign up for BOTH CalKIDS and Trump Accounts,\u201d he said after the press conference.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-3\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-3\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-17\" data-wex-ad=\"art-dsk-inart-3\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Newsom praises Trump Accounts during CalKIDS event<\/p>\n","protected":false},"author":3238,"featured_media":2648423,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/08\/image-collage-fwlfam0zw-1787440951694-e1787441105234.jpg?1787426694&amp;w=696","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[4045,50402,4133,5894,3634],"class_list":["post-2648422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-california","tag-leadership-2","tag-news","tag-politics","tag-trump"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/08\/image-collage-fwlfam0zw-1787440951694-e1787441105234.jpg?1787426694&amp;w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2648422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3238"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2648422"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2648422\/revisions"}],"predecessor-version":[{"id":2648426,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2648422\/revisions\/2648426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2648423"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2648422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2648422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2648422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}