In his letter, Larry Fink suggested overhauling Social Security. In the U.S., Trump Accounts—a new type of IRA where eligible children can receive a $1,000 contribution from the federal government—are a step in the right direction, Fink wrote. He also touted a much more ambitious plan: overhauling Social Security. Expanding capacity through all potential means is critical, Fink wrote, adding that the U.S. is lagging behind China when it comes to solar power. Write to Jack Pitcher at jack.pitcher@wsj.comMost Read from The Wall Street Journal

Source: Wall Street Journal March 23, 2026 12:32 UTC