U.S. Republican Representative Troy Downing will introduce a new bill on Tuesday called the Retirement Investment Choice Act, which aims to legislate an executive order signed by President Trump to make cryptocurrencies and private equity investments in 401 (k) retirement plans.
The bill was signed by four Republican lawmakers, including Byron Donalds, Buddy Carter, Warren Davidson and Barry Moore. Downing said the move would give more American savers access to high-potential alternative assets. Previously, the Biden administration had been cautious about including crypto assets in retirement plans.
The US Republican Party has introduced a bill to incorporate into law Trump's executive order allowing 401 (k) investments in cryptocurrencies and private equity
2025-10-14 21:20:08
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