TRUMP’S CRYPTO 401(K) PLAN SPARKS LAWMAKER SUPPORT, SEC IN SPOTLIGHT
https://www.tradingview.com/x/BLqiIrOp/
✍️ A bipartisan group of lawmakers has asked the SEC to act quickly on an executive order from President Trump to open 401(k) plans to alternative assets, including cryptocurrencies.
👉 The executive order was signed on August 7, 2025 👉 The lawmakers have asked the SEC to work with the Department of Labor to clarify how participant-directed defined-contribution plans could offer access to private equity, real estate, and digital assets 👉 The US defined-contribution market holds roughly $12 trillion and covers more than 90 million Americans 👉 A 1% allocation across a very large pool would translate into billions of dollars moving into crypto-related products
-- #DonaldTrump #FrenchHill #AnnWagner #PaulAtkins #FrankLucas #Davidson #Stutzman #Garbarino #MikeLawler #TroyDowning #Haridopolos #business
Loading quoted post…