Two progressive US senators are leading the charge against a new Trump administration scheme that would allow Americans’ retirement funds to invest in cryptocurrencies.
As reported by The Guardian on Tuesday, Sens. Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.), along with Rep. Bobby Scott (D-Va.), sent a letter to the US Department of Labor (DOL) warning against enacting a proposed rule change that would allow 401(k) investments to include crypto.
