{"id":97750,"date":"2026-06-02T18:03:06","date_gmt":"2026-06-02T18:03:06","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=97750"},"modified":"2026-06-02T18:03:06","modified_gmt":"2026-06-02T18:03:06","slug":"why-elizabeth-warren-and-bernie-sanders-want-crypto-out-of-401k-plans","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=97750","title":{"rendered":"Why Elizabeth Warren And Bernie Sanders Want Crypto Out Of 401K Plans"},"content":{"rendered":"<div>\n<p>Senators <strong>Bernie Sanders<\/strong> (D-VT) and <strong>Elizabeth Warren<\/strong> (D-Mass.) sent a letter Sunday pushing the Department of Labor to kill a proposed rule that would open 401(k) retirement plans to cryptocurrencies and other alternative assets.<\/p>\n<h3 class=\"wp-block-heading\">Rule Would Strip Long-Held Investor Protections, Lawmakers Say<\/h3>\n<p>The rule <a href=\"https:\/\/www.theblock.co\/post\/403394\/bernie-sanders-elizabeth-warren-push-labor-department-scrap-rule-crypto-401k\">originated<\/a> from a Trump executive order directing the Labor Department to pave the way for alternative assets in retirement plans. <\/p>\n<p>The March proposal outlines steps 401(k) managers should take when incorporating private equity, real estate, and digital assets, creating a safe harbor for fiduciaries who offer those options.<\/p>\n<p>Sanders, Warren, and House Education Committee ranking member Rep. Robert Scott argue that safe harbor removes protections retirement savers have relied on for decades.<\/p>\n<p>\u201cThis would strip long-held investor protections from retirement savers and encourage the use of more risky, complex, and expensive investments,\u201d they wrote to Acting Labor Secretary<strong> &#8230;<\/strong><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/06\/52950796\/why-elizabeth-warren-and-bernie-sanders-want-crypto-out-of-401k-plans?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Why\" elizabeth warren and bernie sanders want crypto out of plans>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Senators Bernie Sanders (D-VT) and Elizabeth Warren (D-Mass.) sent a letter Sunday pushing the Department of Labor to kill a proposed rule that would open 401(k) retirement plans to cryptocurrencies and other alternative assets. Rule Would Strip Long-Held Investor Protections, Lawmakers Say The rule originated from a Trump executive order directing the Labor Department to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-97750","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/97750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=97750"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/97750\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=97750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=97750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=97750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}