Bill Ackman said one of Donald Trump’s strongest policy moves in his second term has been the launch of Trump Accounts, savings accounts for children set up at birth that invest in low-cost broad-market index funds. The Pershing Square CEO told Fortune he has an "excellent relationship with the president," said Trump has "generally done a very good job," and added that millions of parents have signed up for the program. Ackman said he had once proposed giving babies in America $6,500 so the money could compound to $1 million, praised Trump for doing something similar, and argued that wider access to stock ownership is essential because wages do not compound as quickly as stocks. He also pointed to pension systems in Mexico and Australia as examples of mandatory retirement saving that policymakers could study in the United States.