The Treasury Department has handed the account of every newborn in America to Robinhood, a stock-trading app carrying the largest fine in the history of its own regulator. But hey, it's free to use!
The account opens the day your child is born, seeded with a thousand dollars of federal money, and to open it a parent hands over a biometric faceprint that Robinhood keeps forever, processed by an outside vendor named Persona whose entire government dashboard was found sitting on a public server this February, running 269 checks and filing secret reports to the Treasury's financial-crimes unit.
The savings account seems to be the wrapper for a permanent data file on your child. And the government is already working with hospitals to open one automatically for every baby, before a single form is signed.
So, I went looking for what "free" actually costs: thedreydossier.substack.com/p/the-true-cost-of-trump-accounts
Follow me on TikTok / Instagram / X: @thedreydossier
If this connected some dots, share it with a new parent who deserves to know what is being quietly built in the space between the government you can see and the one you cannot.Thanks for being here.
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