Trump Accounts program draws conflict-of-interest questions over bank selection

Within days of the Trump Accounts launch, reporting raised questions about which financial institutions received contracts to administer the program and whether firms that Trump regulates as president benefited. The concerns tracked broader conflict-of-interest patterns established by Trump's financial disclosures showing thousands of trades in companies including Bank of America, Goldman Sachs, and other firms subject to Treasury and banking regulation. Critics noted Trump had not placed assets in a blind trust, unlike predecessors.