Treasury picks BNY, Robinhood for Trump accounts rollout

The Treasury has selected BNY, a firm it's worked with in the past, to launch the so-called Trump accounts, designed to create government-seeded retirement savings for newborn children.

https://www.americanbanker.com/news/treasury-picks-bny-robinhood-for-trump-accounts-rollout

#FinTech #FinServ #Banking #Kakistocracy

Treasury picks BNY, Robinhood for Trump accounts rollout

The partnership between the long-established bank and the fintech brokerage will handle the development of the government-owned account platform behind the new government-seeded retirement accounts for children. 

American Banker