8 articles · Updated · The Wall Street Journal · May 5
Speaking at the Wall Street Journal's Future of Everything conference in New York, the Robinhood chief addressed analyst criticism of the government-linked children's savings programme created under last year's tax law.
Tenev said the accounts would depend heavily on human customer service rather than artificial intelligence and described the initiative as a once-in-a-lifetime opportunity.
The remarks sought to justify Robinhood's role in administering politically sensitive accounts as the brokerage faces scrutiny over the partnership's economics and execution.
How will Robinhood’s new child savings app balance simplicity with real financial education for families?
What are the biggest risks for families investing in the government's new child savings program?
Will the new government-seeded child savings accounts actually help close the American wealth gap?