{"id":2051,"date":"2026-07-31T04:13:24","date_gmt":"2026-07-31T04:13:24","guid":{"rendered":"https:\/\/modernhomejournals.com\/?p=2051"},"modified":"2026-07-31T04:13:24","modified_gmt":"2026-07-31T04:13:24","slug":"opm-director-scott-kupor-publicly-touted-robinhood-hes-also-an-investor","status":"publish","type":"post","link":"https:\/\/modernhomejournals.com\/?p=2051","title":{"rendered":"OPM Director Scott Kupor Publicly Touted Robinhood. He\u2019s Also an Investor."},"content":{"rendered":"<div>\n<div>\n<\/div>\n<div>\n<p>In December, U.S. Office of Personnel Management Director Scott Kupor highlighted a partnership between financial services company Robinhood Markets Inc. and the Trump administration that temporarily places skilled private-sector tech workers in federal government jobs.<\/p><p>Read more <a href=\"https:\/\/modernhomejournals.com\/?p=2049\">Mandela Barnes Drops Out of Chaotic Wisconsin Governor\u2019s Race<\/a><\/p><p>\u201cWe\u2019re doing this in partnership with about 25 of the tech companies that you all know and love \u2014 so, you know, Coinbase, Robinhood, Databricks, Snowflake, NVIDIA, xAI, OpenAI,\u201d Kupor <span><u>told<\/u><\/span> technology news show TBPN in explaining the Trump administration\u2019s  initiative.<\/p><div>\n<\/div>\n<p>What Kupor didn\u2019t say: He has maintained massive personal financial interests in Robinhood. And last month, the OPM director exercised stock call options and sold seven figures worth of his Robinhood shares, according to  reviewed by NOTUS.<\/p>\n<section>\n<div>\n<h2>\n<span>Trending<\/span>\n<\/h2>\n<\/div>\n<div>\n<div>\n<ul>\n<li>\n<div>\n<div>\n<div>\n<div>\n\n<figure class=\"wp-block-image size-large\">\n<figure class=\"wp-block-image size-medium_large\"><img loading=\"lazy\" decoding=\"async\" alt=\"DC: Dr. Anthony Fauci testifying before the Senate Homeland\" class=\"wp-image-1957\" height=\"512\" src=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/ba72971b09b7937db30c60e1faaa5e8f-768x512.jpg\" width=\"768\" srcset=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/ba72971b09b7937db30c60e1faaa5e8f-768x512.jpg 768w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/ba72971b09b7937db30c60e1faaa5e8f-300x200.jpg 300w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/ba72971b09b7937db30c60e1faaa5e8f.jpg 1024w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/figure>\n\n<\/div>\n<\/div>\n<\/div>\n<div><h3>\n<span>\n                      Redacted Fauci Diary Entries Depict Him Personally Helping Katie Miller\n                    <\/span>\n<\/h3><\/div>\n<\/div>\n<\/li>\n<li>\n<div>\n<div>\n<div>\n<div>\n\n<figure class=\"wp-block-image size-large\">\n<figure class=\"wp-block-image size-medium_large\"><img loading=\"lazy\" decoding=\"async\" alt=\"RFK The Real Food Show\" class=\"wp-image-2016\" height=\"432\" src=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/b84c4a924697ea342305bb42319389d8-768x432.jpg\" width=\"768\" srcset=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/b84c4a924697ea342305bb42319389d8-768x432.jpg 768w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/b84c4a924697ea342305bb42319389d8-300x169.jpg 300w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/b84c4a924697ea342305bb42319389d8.jpg 1024w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/figure>\n\n<\/div>\n<\/div>\n<\/div>\n<div><h3>\n<span>\n                      RFK Jr. Launches a MAHA Cooking Show\n                    <\/span>\n<\/h3><\/div>\n<\/div>\n<\/li>\n<li>\n<div>\n<div>\n<div>\n<div>\n\n<figure class=\"wp-block-image size-large\">\n<figure class=\"wp-block-image size-medium_large\"><img loading=\"lazy\" decoding=\"async\" alt=\"Brendan Carr, chair of the Federal Communications Commission, testifies before a House subcommittee.\" class=\"wp-image-2048\" height=\"512\" src=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/1366c7839bdfdafa47350eea7b036e09-768x512.jpg\" width=\"768\" srcset=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/1366c7839bdfdafa47350eea7b036e09-768x512.jpg 768w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/1366c7839bdfdafa47350eea7b036e09-300x200.jpg 300w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/1366c7839bdfdafa47350eea7b036e09.jpg 1024w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/figure>\n\n<\/div>\n<\/div>\n<\/div>\n<div><h3>\n<span>\n                      ABC Fires Back at FCC Over \u2018Attempted Censorship\u2019\n                    <\/span>\n<\/h3><\/div>\n<\/div>\n<\/li>\n<li>\n<div>\n<div>\n<div>\n<div>\n\n<figure class=\"wp-block-image size-large\">\n<figure class=\"wp-block-image size-medium_large\"><img loading=\"lazy\" decoding=\"async\" alt=\"AP25169566111129\" class=\"wp-image-1992\" height=\"512\" src=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/5b7f51473aaa32ec47e6a70a61245593-768x512.jpg\" width=\"768\" srcset=\"https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/5b7f51473aaa32ec47e6a70a61245593-768x512.jpg 768w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/5b7f51473aaa32ec47e6a70a61245593-300x200.jpg 300w, https:\/\/modernhomejournals.com\/wp-content\/uploads\/2026\/07\/5b7f51473aaa32ec47e6a70a61245593.jpg 1024w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/figure>\n<\/figure>\n\n<\/div>\n<\/div>\n<\/div>\n<div><h3>\n<span>\n                      Centrist Democrats Are Staring Down Disaster in a Michigan Swing District\n                    <\/span>\n<\/h3><\/div>\n<\/div>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/section>\n<p>Kupor\u2019s Robinhood stock sales on June 18 are together worth between $1.7 million and $3.5 million, a disclosure document filed with the Office of Government Ethics indicates.<\/p><p>They came on a day when Robinhood\u2019s <span><u>stock price closed<\/u><\/span> at $108.15 per share \u2014 up significantly from the year-to-date low closing price of $65.16 on March 30.<\/p><p>In recent days, Robinhood stock has generally traded between $85 and $95 per share.<\/p><p>Robinhood has other ties to President Donald Trump\u2019s administration.<\/p><p>Kupor and Robinhood CEO Vlad Tenev are both quoted in a  detailing the Tech Force initiative. Robinhood is meanwhile <span><u>working<\/u><\/span> with the Treasury Department to launch and maintain an app for the government\u2019s new Trump Accounts program, which aims to provide children with tax-deferred investment accounts. And Robinhood offered prediction market contracts on matters involving the federal government, <span><u>including<\/u><\/span> <span><u>government<\/u><\/span> shutdowns, which OPM <span><u>monitors<\/u><\/span>.<\/p>\n<p>Kupor also reported exercising stock call options and selling between $3 million and $12 million worth of stock in Okta Inc. on June 18, according to ethics records. Okta, an identity verification tech company, is a <span><u>federal<\/u><\/span> <span><u>government<\/u><\/span> <span><u>contractor<\/u><\/span>.<\/p><p>In an  Kupor signed last year prior to his Senate confirmation, he agreed to take steps to \u201cavoid any actual or apparent conflict of interest\u201d and divest of dozens of personal investments. He also resigned from various corporate posts and positions.<\/p><p>Read more <a href=\"https:\/\/modernhomejournals.com\/?p=2045\">Trump-Themed Passport Rollout Goes National<\/a><\/p><p>In a statement to NOTUS, OPM spokesperson McLaurine Pinover said Kupor \u201cwent through a full financial review with [the Office of Government Ethics] prior to his confirmation hearing and agreed to all divestitures and recusals proposed by OGE. Neither Okta nor Robinhood were suggested by OGE as divestitures since OPM has no financial relationship with either company.\u201d<\/p><p>The OGE declined to comment on Kupor\u2019s personal investments.<\/p><p>The agency\u2019s published \u201cconflicts of interest considerations\u201d  states that \u201can employee who owns stock options is prohibited from participating personally and substantially in any particular matter that the employee knows would have a direct and predictable effect on the financial interests of the issuer of the underlying security.\u201d<\/p><p>Walter Shaub, who served as director of the Office of Government Ethics from 2013 to 2017, said Trump has set an \u201canything goes\u201d standard for how his top lieutenants can invest their personal assets. The president <span><u>reported<\/u><\/span> thousands of stock and bond trades during the past year and has routinely engaged in private crypto and other business <span><u>ventures<\/u><\/span> since returning to the White House in 2025.<\/p>\n<p>\u201cIt has seemed to me that the president\u2019s appointees are doing a whole lot of buying and selling investments. That\u2019s not something you saw happening much in the past Democratic or Republican administrations,\u201d Shaub said.<\/p><p>\u201cThe problem is that letting presidential appointees play the market is a recipe for disaster,\u201d Shaub added. \u201cThere\u2019s no way for the public to know which government decisions are made because they\u2019ll be lucrative for administration officials instead of being made because they\u2019re what\u2019s best for the American people.\u201d<\/p><p>In recent months, several top Trump administration officials have made notable personal financial trades or deals while serving in public office.<\/p><p>They include FBI Director <span><u>Kash Patel<\/u><\/span>, Ambassador to Israel <span><u>Mike Huckabee<\/u><\/span>, Ambassador to Italy <span><u>Tilman Fertitta<\/u><\/span>, Federal Highway Administration Administrator <span><u>Sean McMaster<\/u><\/span>, U.S. Attorney for the District of Columbia <span><u>Jeanine Pirro<\/u><\/span>, Small Business Administration Administrator <span><u>Kelly Loeffler<\/u><\/span>, former U.S. Agency for Global Media leader <span><u>Kari Lake<\/u><\/span>, Department of Homeland Security Undersecretary <span><u>Pedro Allende<\/u><\/span>, Environmental Protection Agency Assistant Administrator <span><u>Douglas Troutman<\/u><\/span> and former Department of Health and Human Services general counsel <span><u>Mike Stuart<\/u><\/span>.<\/p><p>Read more <a href=\"https:\/\/modernhomejournals.com\/?p=2041\">Senate Considering a Delay in SNAP Cost Shift to States<\/a><\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>A Kupor spokesperson said government ethics officials didn\u2019t require him to divest his investment in the financial services company.<\/p>\n","protected":false},"author":1,"featured_media":2050,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-2051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>OPM Director Scott Kupor Publicly Touted Robinhood. He\u2019s Also an Investor. - Modern Home Journals<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/modernhomejournals.com\/?p=2051\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OPM Director Scott Kupor Publicly Touted Robinhood. 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