Three senior Democrats are moving to kill a Labor Department proposal that could open 401(k) retirement plans to crypto and other alternative assets, warning that workers’ nest eggs should not be turned into a speculative side-show. Bernie Sanders, Elizabeth Warren, and Bobby Scott want the proposal withdrawn The plan could touch a $10.1 trillion U.S. […]
Read Full Article
President Trump has signed an executive order that could open 401(k) retirement plans to Bitcoin, crypto, private equity, and other alternative assets for the first time. Executive order signed April 30 Labor Department ordered to revise ERISA guidance Crypto, private equity, and alternative assets targeted for 401(k)s $12.5 trillion defined-contribution market in play TrumpIRA.gov planned […]
Read Full Article
Lawmakers Champion Crypto in 401(k)s: Financial Freedom or a Dangerous Bet? U.S. lawmakers are making a bold push to bring cryptocurrencies like Bitcoin into the heart of retirement savings with 401(k) plans. On August 7, 2025, President Donald Trump signed Executive Order 14330, a directive aimed at tearing down regulatory walls that block alternative assets […]
Read Full Article