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JUST IN: Trump Accounts Activated Children Gain Early Access to Investing Through Robinhood and BNY
The U.S. Treasury Department has announced a significant milestone in the launch of its new Trump Accounts program. It appointed BNY Mellon as its official financial agent and added Robinhood as a key partner.
According to a Treasury statement released Monday, BNY Mellon will oversee the management of the initial accounts and will also help develop a dedicated mobile app that will allow families to easily access their funds.