Story perspectives

Labor Secretary Supports Crypto in 401(k) Plans Amid Concerns

4/11/2026

Summary

Story summary

Lori Chavez-DeRemer, the U.S. Labor Secretary, favors including cryptocurrencies and private equity in 401(k) plans.
The administration of U.S. President Donald Trump seeks a 'safe harbor' for employers amid warnings about volatility.
The Labor Department's proposed rule outlines a process for evaluating investments, but experts say it could weaken retiree protections.
Concerns about conflicts of interest grow over Trump's ties to the crypto industry as the administration pushes deregulation.

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Story summary

Lori Chavez-DeRemer, the U.S. Labor Secretary, favors including cryptocurrencies and private equity in 401(k) plans.
The administration of U.S. President Donald Trump seeks a 'safe harbor' for employers amid warnings about volatility.
The Labor Department's proposed rule outlines a process for evaluating investments, but experts say it could weaken retiree protections.
Concerns about conflicts of interest grow over Trump's ties to the crypto industry as the administration pushes deregulation.