Trump’s New Law Would Allow Privacy Equity, Crypto ‘Endangers the Survival of Millions’ | Common Dreams

Trump's New Law Would Allow Privacy Equity, Crypto 'Endangers the Survival of Millions' | Common Dreams

US President Donald galaotega of the Department on Monday revealed a proposal that would accept private equity and cryptocurrency investments in the 401(k) plans of Americans, the culmination of an aggressive Wall Street lobby push to leave the savings of millions of retirees vulnerable to swings in the so-called “other assets.” The proposed rule, which … Read more

The Trump administration is proposing to open 401(k)s to private equity, crypto

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BlackRock Global Head of Retirement Solutions Nick Nefouse joins ‘Varney & Co.’ discussing proposed legislation to expand 401(k)s to crypto and real estate. The Trump administration on Monday released proposed legislation to allow retirement plans to offer other assets such as private equity and cryptocurrencies as part of investment options. 401(k) accounts. The Department of … Read more