As concerns over America’s declining birthrate intensify, the Trump administration is reportedly considering a series of pro-natalist initiatives, including a $5,000 "baby bonus," according to The New York Times (NYSE:NYT). The idea, which bears the influence of billionaire Elon Musk—father to at least 14 children—reflects his longstanding warning about the risks of population decline.
Among other proposals being reviewed are policies reserving 30% of Fulbright scholarships for married applicants or those with children, and increased government funding for programs teaching women how to track ovulation to aid conception. These potential measures align with Trump’s inner circle, which includes staunch pro-family figures like Vice President JD Vance, a father of three.
Multiple pro-natalist advocates, including Simone and Malcolm Collins, have submitted policy drafts to the White House. One notable suggestion includes establishing a “National Medal of Motherhood” for women raising six or more children. The Collinses and other experts believe the administration is increasingly receptive to such ideas, seeing family growth as a national priority.
While no official policy package has been released, private discussions signal that the Trump administration may be shaping a comprehensive strategy to incentivize larger families. If enacted, these initiatives could have economic implications, potentially benefiting baby formula companies such as Abbott Laboratories (NYSE:ABT), Reckitt Benckiser Group (LON:RKT), Nestlé SA (SIX:NESN), and Perrigo Company (NYSE:PRGO).