FORTUNE Bill Ackman says it's "stupid" to skip Trump

for some people like I'm not going to open a Trump account for my child because of the name. I don't like that it's called Trump account, okay? That's stupid. Bill Ackman Founder and CEO, Pershing Square Capital Management take credit for them because I don't know what the initial but a number of years ago with this idea baby in America $6,500 in their account, which compounds to A Birthright In 2020, in an op-ed in the New York Times. And the president has done basically that. These Trump and now there's savings plan. Did you talk to him I didn't talk to him accounts, but I did give him the pitch on what is now which I think very important, it's basically a 401(k) every American. Uber driver, restaurant worker, your company doesn't of stock, 401(k) or other tax-exempt plan. set one up and the government is going to provide And so some very, very good things. the disposable income to do it You put aside and you $1,000 match. I just think start putting for your retirement. If they can do it where wages are vastly lower, a requirement an even bigger percentage,