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BNY Designated As Financial Agent To Support New Trump Accounts Program

The U.S. Department of the Treasury has announced that it has designated The Bank of New York Mellon Corporation as a financial agent of the U.S. government to support implementation of the new Trump Accounts program.

Under this designation, BNY will manage the initial accounts and help develop the new Trump Accounts app — a secure, user-friendly platform that will enable families to easily access and manage their accounts.

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by Joji Xavier

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