Michael Dell, biggest donor to Trump Accounts, defends rule change: Hard to believe

Michael Dell has come out strongly in defense of updated federal regulations governing Trump Accounts, dismissing warnings from skeptics who claim that permitting donors to gift individual corporate shares directly into children’s portfolios poses ethical or financial hazards. Speaking this week in an interview with Yahoo Finance, the Dell Technologies founder and billionaire philanthropist rejected allegations that such donations are part of an effort to manipulate young minds or asset markets.“It’s kind of hard for me to believe that’s a bad thing, right?” the tech titan said, adding, “That these children are going to somehow be negatively influenced because they now have one share of SpaceX, but they didn’t have before, right? The alternative is they didn’t have it, right?”“It seems unlikely that that is some kind of devious plot to somehow influence these 2 million children.