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WSJ Minute Briefing

Michael and Susan Dell Donate $6.5 Billion to Trump Administration’s Child Savings Accounts

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 2 December 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Costco is suing the Trump administration in an effort to make sure it can get a full refund of tariffs it’s already paid if the Supreme Court rules against the tariffs. And former Honduran President Juan Orlando Hernández leaves U.S. prison after getting a pardon from President Trump. Anthony Bansie hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Think about cheese.

0:02.0

Make your thoughts cheesier.

0:04.2

Now add 100% chicken breast fillet, Chipopla sauce and Ameta cheese melt.

0:08.3

And it's giving the new cheesy chicken stack at McDonald's.

0:12.1

Did we mention it's cheesy?

0:13.9

Cheese.

0:15.8

Available to the 4th of Jan, 2026 from 11 a.m.

0:18.1

Plus and participation may vary.

0:19.2

Subject to availability.

0:23.4

Here's your midday brief for Tuesday, December 2nd. I'm Anthony Bansy for the Wall Street Journal.

0:29.3

Dell founder Michael Dell and his wife, Susan Dell, are donating $6.5 billion

0:34.2

for a new government program that provides savings accounts for

0:37.8

American children. The government program is expected to launch next year and will provide $1,000 for

0:43.8

children in investment accounts. The Dell's donation is meant for about 25 million children

0:49.3

who aren't eligible. The money will mean $250 for children 10 years and younger who were born before this year.

0:57.0

The donation targets kids who live in zip codes where the median income is $150,000 or less.

1:03.9

Costco has sued the Trump administration in the U.S. Court of International Trade in an effort to

1:09.3

make sure it can get a full refund of tariffs it's

1:11.8

paid if the Supreme Court says the tariffs are illegal. A Supreme Court ruling on the tariffs is

1:16.9

possible before the end of the year, although it is unclear how previously paid duties would be

1:21.8

refunded. Other companies have also filed similar lawsuits against the Trump administration,

1:26.9

including Revlon and

...

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