Last week, our agency released its newest report assessing the potential and best strategies for a baby bonds program in Maryland. Baby bonds are a newish policy idea – they are government-funded trust accounts for babies born to low-income families.

New Mexico State Treasurer Laura Montoya and national experts joined us to discuss the benefits and promise of baby bonds programs to help break the cycle of poverty, create wealth in historically disadvantaged communities, and aid in closing the racial wealth gap in the country.

Our report takes a closer look at baby bonds programs and their potential as tools for economic opportunity in our communities. You can learn more and check it out here!

As our agency works to develop initiatives that make Maryland a place where families can comfortably live and get ahead, it’s my priority to provide our policymakers with accurate and timely data. I’m committed to finding accessible, efficient solutions to the issues facing our state, including rising housing costs and the racial wealth gap.

Baby bonds programs align with the commitment I have set for my office to create a state that is more equitable, more resilient, and more prosperous so that every Marylander can reach their full potential.

My very best,

(She, Her, Hers)

P.S. I’m running for re-election to keep advocating for Maryland families. If you’d like to show your support, you can do so by contributing here. Thank you!