AssetID: 54973565
Headline: UNCAPTIONED: Trump Pushes to Let 401k Savers Bet Big on Crypto, Gold & Property
Caption: Trump Pushes to Let 401k Savers Bet Big on Crypto, Gold & Property. President Donald Trump has ordered regulators to explore ways to let Americans use their retirement savings to invest in cryptocurrencies, private equity, real estate, gold, and other alternative assets—options usually reserved for the wealthy. The move aims to give everyday workers access to a wider range of investments and open up billions in untapped retirement funds for these industries. Critics warn it could also expose savers to higher risks, given the volatility, fees, and limited transparency of such assets.Under the plan, the Labor Department has 180 days to review existing rules. Big retirement account providers like State Street and Vanguard are already partnering with private equity giants to prepare new offerings. Supporters call it a way to modernize retirement investing. Opponents say it could put workers' nest eggs in harm's way. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current affairs & Politics,Donald Trump,401k,retirement savings,cryptocurrencies,crypto,private equity,real estate,gold,alternative assets,wealthy investors,Labor Department,180 days,State Street,Vanguard,investment risks,retirement investing
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