Trump Now Wants Retirement Funds to Invest in Crypto
President Donald Trump has signed an executive order to broaden retirement investment options by allowing 401(k) accounts to include “alternative assets.” These could range from private equity funds to cryptos, moving beyond the traditional mix of stocks, bonds, and other standard holdings. The order, signed last Thursday, instructs the Labor Department and other agencies to revise the rules that define what qualifies as an eligible 401(k) asset. If implemented, this change could open a new market for the $5 trillion private equity sector, which has long sought access to American retirement funds. Currently, most employer-sponsored retirement plans—401(k)s and 403(b)s (used…





