Democrats oppose Trump officials’ effort to include crypto in 401(k) plans

Change backed by labor department would expose workers to greater financial risk, letter shared with Guardian says Congressional Democrats are strongly opposing a US Department of Labor proposal that would allow 401(k) investments to include cryptocurrency, private credit and private equity assets, arguing the change will expose workers to riskier and more complex investments. In a letter shared exclusively with the Guardian, Senator Bernie Sanders, Senator Elizabeth Warren and House educatio...

By Michael Sainato