BNY Mellon teams with Robinhood to run Trump Accounts infrastructure for U.S. Treasury program

Bank of New York Mellon Corp

Bank of New York Mellon Corp

BNY

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  • BNY Mellon will manage national infrastructure for the US Treasury’s Trump Accounts program, acting as financial agent.
  • Robinhood will provide initial trustee and brokerage services under the collaboration with BNY Mellon.
  • Program begins sending USD 1,000 government contributions to eligible children born from 2025 through 2028.
  • BNY Mellon will match the USD 1,000 contribution for eligible newborns of eligible US employees.


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