{"id":28113,"date":"2026-04-07T14:11:41","date_gmt":"2026-04-07T13:11:41","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=28113"},"modified":"2026-04-07T14:11:42","modified_gmt":"2026-04-07T13:11:42","slug":"robinhood-trump-hood-stock","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/robinhood-trump-hood-stock\/","title":{"rendered":"Robinhood selected to manage Trump accounts: Should you buy HOOD stock?"},"content":{"rendered":"\n

Why is Robinhood (HOOD) stock soaring today?<\/h2>\n\n\n\n

The stock market reacted enthusiastically to a major political and financial announcement<\/strong>. The US administration has officially selected Robinhood, in partnership with BNY Mellon, to pilot the “Trump Accounts”. This unprecedented government program will offer a $1,000 seed capital to children born between 2025 and 2028:<\/p>\n\n\n

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“As part of this designation, BNY will manage the initial accounts and contribute to the development of the new Trump Accounts application. In this capacity, BNY has partnered with Robinhood, which will act as the initial broker and fiduciary for Trump Accounts.”<\/p>\n\n\n<\/blockquote>\n\n\n

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$HOOD<\/a>

BREAKING: Robinhood is chosen along with Bank of New York Mellon to support implementation of the new Trump Accounts program.

"Under this designation, BNY will manage the initial accounts and help develop the new\u00a0Trump Accounts\u00a0app. As part of this process, BNY has\u2026
https:\/\/t.co\/3CulSXZ7SU<\/a><\/p>— amit (@amitisinvesting) April 6, 2026<\/a><\/blockquote>