On April 6, 2026, the U.S. Department of the Treasury announced that The Bank of New York Mellon Corporation (BNY) has been designated as a financial agent to support the implementation of the Trump Accounts program. BNY will manage the initial accounts and help develop the Trump Accounts app, a secure, user‑friendly platform that will allow families to access and manage accounts. The Treasury has partnered with Robinhood, which will act as brokerage and initial trustee. Together, the partners aim to enable every eligible child to open a Trump Account quickly. The app is being developed as a custom white‑label product for Treasury, with the National Design Studio and Robinhood creating the interface. Treasury will retain control over the app and operations of the initial accounts.
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