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Labor Dept. Proposes Riskier Retirement Investments, Sparking Controversy

4/9/2026

42 6 Full Breakdown

Summary

Story summary

The U.S. Department of Labor proposed a rule allowing retirement plan fiduciaries to invest in riskier assets, including cryptocurrency.
The proposal aligns with U.S. President Donald Trump’s goal to expand the crypto industry.
Critics argue the rule could undermine protections for retirees.
Democrats have launched investigations into U.S. President Donald Trump's connections to the crypto sector.

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Story summary

The U.S. Department of Labor proposed a rule allowing retirement plan fiduciaries to invest in riskier assets, including cryptocurrency.
The proposal aligns with U.S. President Donald Trump’s goal to expand the crypto industry.
Critics argue the rule could undermine protections for retirees.
Democrats have launched investigations into U.S. President Donald Trump's connections to the crypto sector.