GWCF (Brooke E. Lierman)

Summary: The Office of the Comptroller of Maryland, in collaboration with the Greater Washington Community Foundation and the CASH Campaign of Maryland, supports the creation of "Trump accounts" but recommends specific improvements to the proposed regulations. They advocate for incorporating features from "baby bonds" programs, such as auto-enrollment at birth, protections for children in foster care, tax-exempt status for means-tested programs, and the use of pooled trust structures to maximize returns.