Standing Ready To Help With Trump Accounts: Tenev

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00:00I've spoken to the president and obviously the government about this

00:04personally. And basically, while we can't give you the details of what we're involved in or

00:12what we're talking about, I think this is incredibly important. I think we have a huge

00:17risk in this country of people not believing in the free markets and in the financial system

00:25because they don't have skin in the game. I think it's especially a problem now when we're in this

00:31massive wave of AI-driven disruption. So you're seeing AI products being adopted at an accelerating

00:39rate, but at the same time, AI being generally unpopular because people are pretty worried about

00:46what impact it's going to have on them and their jobs. And I think the best way to actually

00:51counteract this is from an early age, give people a stake in what's being built in the great

00:57industries of this country. So I think it's a great initiative. And we've assured them that

01:02we're standing ready to help in the maximal way possible. To Scarlett's point, Ray Dalio is going to

01:10donate to Trump accounts in Connecticut. BlackRock is going to match Trump account contributions for

01:14employees. A lot of companies are wondering if their companies are going to do it. Any plans to do

01:17that for Robinhood employees? I think we're thinking of a lot of things. And what I'm mostly

01:25interested in is, you know, obviously not to downplay Robinhood has thousands of employees, but I think our

01:33value is we serve tens of millions of customers in the U.S. and we've got, you know, over a third of a trillion in

01:41assets on the platform. So we're sort of like thinking bigger, like how can we help every single

01:50company and every single individual in this country plug into the system? Of course, we're interested in thinking for our

01:57employees. But the impact of that is like relatively low when it comes to the whole country. And we're really thinking

02:05about how can we help the whole country and this program be as successful as possible.