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The U.S. Department of the Treasury said that BNY will be the designated financial agent for Trump accounts. BNY will manage the initial accounts and has partnered with Robinhood to develop the new Trump accounts app. As of March 31, taxpayers had signed up for more than 4m children for Trump accounts, and more than 1m were eligible for the Treasury’s $1,000 pilot program contribution, according to the IRS.
“In collaboration with Robinhood, a leading financial technology platform committed to democratizing the markets for investors, we are helping to expand access to financial opportunity for all Americans,” he said.
https://www.cnbc.com/2026/04/06/treasury-trump-accounts-bny-robinhood.html?stream=top
