BNY Will Match Governments Initial $1,000 Deposit to Trump Accounts for Employees Kids

President Donald Trump speaks alongside Treasury Secretary Scott Bessent at the White House on March 7, 2025. Anna Moneymaker/Getty ImagesThe Bank of New York Mellon Corporation (BNY) announced Thursday that employees’ children would receive a matching donation of $1,000 when the government sets up “Trump Accounts” under the One Big Beautiful Bill Act as an investment for infants.According to a press release about its plans, BNY’s “match of the pilot contribution will provide an additional $1,000 per eligible child once the account is opened and verified, helping families start saving from Day One.”