No WONDER They Pled the FIFTH: NEW House Report Drops ActBlue's DAMNING 2024...
El-Sayed Will 'Get the Money Out of Politics' by Raking in Donations From...
Unsound Barrier: Dem Shri Thanedar’s X Post Shows He Doesn’t Get the ‘Ins...
Jessica Tarlov Didn’t Know Biden Lied About ‘Secure Border’ Until Fox News Drone...
Tapped Out Tapper: CNN’s Latest Attempt to Lure in Viewers As Bad As...
Tiny Village to Be Dumping Ground for Asylum-Seekers Votes to Become Independent From...
Say It Isn’t Sole: NY X Account Posts Freakish Foot-Face Photo to Promote...
Bernie Sanders Says It’s Embarrassing How Little the President Knows About the Dangers...
'FactPost' Claims Pennsylvania Has Reported Four Measles Deaths This Year; Shapiro Piles o...
Jake Tapper Thinks CA’s COVID Response Is Being Used As a Cudgel on...
Boston Herald: Lindsay Clancy Holdout Juror Now Getting the Negative Attention He Deserves
NYPost Looks Into Anthropic CEO's Woke Handpicked AI Watchdog Group
'Shady As F**k': Pro-Talarico Super PAC Finds ‘Roundabout Way of Paying People for...
NYT Blames 'Editing Error' for Saying Israelis See Themselves As the Victims of...
Watching Kash Patel Infuriate Cory Booker (While Getting in a Dig at Schiff)...

The Crypto President: Trump Signs EO to Allow Bitcoin and Other Cryptocurrencies Into 401(k)s

AP Photo/Julia Demaree Nikhinson

For those of you who invest in cryptocurrencies, President Trump just gave your 401(k)s a massive boost. Today, he signed an executive order allowing the addition of Bitcoin, etc. to certain retirement accounts. 

Advertisement

Here's more from the White House:

EXPANDING INVESTMENT CHOICES FOR 401(K) PLANS: Today, President Donald J. Trump signed an Executive Order to allow 401(k) investors to access alternative assets for better returns and diversification.

  • The Order directs the Secretary of Labor to reexamine the Department of Labor’s guidance on a fiduciary’s duties regarding alternative asset investments in ERISA-governed 401(k) and other defined-contribution plans.
  • The Order instructs the Secretary of Labor to clarify the Department of Labor’s position on alternative assets and the appropriate fiduciary process associated with offering asset allocation funds containing investments in alternative assets.
  • The Order directs the Secretary of Labor to consult with the Secretary of the Treasury, the Securities and Exchange Commission, and other federal regulators to determine whether parallel regulatory changes should be made at those agencies to give effect to the purpose of the Order.
  • The Order directs the Securities and Exchange Commission to facilitate access to alternative assets for participant-directed defined-contribution retirement savings plans by revising applicable regulations and guidance.

MAGA!

Advertisement

That would be sweet.

A refreshing change of pace.

Democrats are gonna hate this.

It just might.

We'l see.

Very noice.

Jump on that cryptocurrency bandwagon.

If you had bought $100 in Bitcoin in 2009, it would be worth over $11 billion today.

That would be the cherry on top of all of this.

Editor’s Note: Thanks to President Trump’s leadership and bold policies, America’s economy is back on track.

Help us continue to report on the president’s economic successes and combat the lies of the Democrats. Join Twitchy VIP and use promo code FIGHT to get 60% off your membership.

Join the conversation as a VIP Member

Recommended

Trending on Twitchy Videos

Advertisement
Advertisement
Advertisement