BNY Mellon Named Agent for Trump Accounts Program

The U.S. Treasury Department appointed BNY Mellon as a financial agent on Monday. The bank will support the implementation of the new Trump Accounts program.

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The United States Treasury Department has officially designated The Bank of New York Mellon Corporation as a financial agent to support the implementation of the new Trump Accounts program. The announcement, made on Monday in Washington, marks a significant step in the administration's efforts to manage the new financial initiative.

During a White House event on March 16, 2026, President Donald Trump is presented with a B-2 bomber model to commemorate 'Operation Midnight Hammer' while signing an executive order for a new anti-fraud task force. REUTERS/Jonathan Ernst
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