# the true cost of Trump Accounts

Page: https://stenobird.com/podcast/the-drey-dossier-7704467/the-true-cost-of-trump-accounts
Text version: https://stenobird.com/podcast/the-drey-dossier-7704467/the-true-cost-of-trump-accounts.md
Podcast: [The Drey Dossier](https://stenobird.com/podcast/the-drey-dossier-7704467)
Published: 2026-07-15T20:31:00+00:00
Episode link: https://traffic.megaphone.fm/HSEDE7455035762.mp3
Audio file: https://traffic.megaphone.fm/HSEDE7455035762.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-drey-dossier-7704467/episodes/the-true-cost-of-trump-accounts
Duration seconds: 1931

## Resource

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. Learn more about your ad choices. Visit megaphone.fm/adchoices

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## Transcript

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