**[Robinhood CEO: Trump Accounts Will Attract the Next Generation of Investors]** Odaily Planet Daily News – Robinhood CEO Vlad Tenev stated that the company’s collaboration with the U.S. Treasury to launch “Trump Accounts” will enable Robinhood to reach the next generation of investors and drive future growth. In an interview with CNBC, Vlad Tenev said: “This will position Robinhood for the next generation… For millions of children, this will be their first investment account.” He emphasized that the company’s short-term focus is on cooperation with the U.S. government rather than directly profiting from the accounts, which will be free of fees and commissions. Previously, the U.S. Treasury announced that Robinhood and BNY Mellon were selected as partners to open tax-deferred custodial investment accounts for children born between 2025 and 2028. Robinhood will act as the broker and custodian, collaborating with BNY to provide front-end applications and customer support. As of March 31, over 4 million children have registered for Trump Accounts, with more than 1 million eligible for the Treasury’s $1,000 seed funding pilot program. Several financial institutions, including JPMorgan Chase, Bank of America, Wells Fargo, SoFi, BlackRock, and Charles Schwab, will match the federal seed funding for their employees’ children. (CNBC)