S. 5171, known as the "HOPE Act of 2024," aims to provide competitive grants for establishing pilot projects that assist low-income individuals in the U.S. through HOPE Accounts and HOPE Action Plans. These pilot projects focus on creating savings accounts with direct...
Simple Explanation
The HOPE Act of 2024 is a plan to help people with less money in the U.S. by giving them special savings accounts and making it easier for them to get help using technology, but there are some worries that the money might not be used the right way.