US mulls tapping Robinhood for 'Trump accounts' for kids, Bloomberg News reports

The logo for Robinhood Markets, Inc., is displayed on a screen during the company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. REUTERS/Brendan McDermid

Jan ‌29 (Reuters) - The U.S. ‌government is considering ‌selecting fintech Robinhood Markets for a ‍key role ‍in overseeing "Trump ‌accounts" it is creating ‍for ​millions of ⁠children, Bloomberg News reported on ‌Thursday, citing people ⁠familiar ‍with the matter.

Robinhood declined ‍to comment on ‌the report, while the U.S. treasury department did not immediately respond to Reuters' request ‌for comment.