Retirement Plans
Senator Elizabeth Warren has criticized a recent U.S. policy change allowing cryptocurrencies in 401(k) plans. She argues that this move could lead to significant losses for American retirees. Warren's stance highlights ongoing debates over crypto's role in financial security.
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Senator Elizabeth Warren has urged the Securities and Exchange Commission to provide information on the inclusion of cryptocurrency in pension funds and retirement accounts. In a letter to SEC Chair Paul Atkins, she expressed concerns about the risks posed by a recent executive order from President Donald Trump. Warren highlighted potential threats to investors' retirement security due to crypto's volatility.