Pres. Trump announces new 401K initiative and pushes to pass ban on congressional stock trading

"My administration will give these oft forgotten American workers... access to the same type of retirement plan offered to every federal worker. We will match your contribution with up to $1,000 each year." This policy represents a government-subsidized injection of liquidity into the equity markets. By incentivizing millions of workers to open and fund retirement accounts with a government match, it creates a structural bid for passive equity indices (broad market ETFs) as these funds typically flow into diversified portfolios. LONG broad market indices as the administration actively promotes and subsidizes participation in the "rising stock market." Legislative hurdles in passing the funding for the match; potential inflationary impact of increased government spending.