Trump to Unblock Crypto Access in America’s $9 Trillion 401(k) Market: Report
8 Articles
8 Articles
Trump to Unblock Crypto Access in America’s $9 Trillion 401(k) Market: Report
President Donald Trump is preparing to sign an executive order that would open the U.S. 401(k) retirement system to investments in crypto, gold, and private equity, the Financial Times reported on Thursday. Three people briefed on the matter said that the executive order would be signed as soon as this week, while a spokesperson from the White House noted that “no decisions should be deemed official” unless they come from the President. This sto…
Financial Times: Trump will open the US pension market for crypto investments - World Stock Market
According to the publication of Financial Times with reference to informed sources in the White House, US President Donald Trump in the near future intends to sign a decree allowing pension funds to invest in cryptocurrencies. “President Trump is committed to the restoration of the welfare of ordinary Americans and protect their economic future. This decision will lead to radical changes in the management of savings of Americans, ”one of the…
Trump Pushes to Open 401(k) Plans to Crypto, Gold, and Private Markets
Donald Trump is getting ready to sign an executive order that would expand what Americans can hold in their 401(k)s. The plan is to let investors include crypto like Bitcoin and Ethereum, physical gold, and private market assets such as private equity or hedge funds in their retirement accounts. Right now, most plans only offer mutual funds, index funds, and ETFs. This move would give people more flexibility with what they invest in for retireme…
Trump to include crypto, gold, and others in 401K, retirement savings
President Donald Trump is working hard to force cryptocurrency into every facet of life in the U.S. it seems. According to a report by the Financial Times, citing three people briefed on the matter, Trump plans to open the country’s retirement market to include cryptocurrency, gold, private equity, and other “alternative investments” in a forthcoming executive order. Traditionally, 401(k) accounts have been limited to stocks, bonds, and mutual f…
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