In a letter to Securities and Alternate Rate (SEC) Chairman Paul Atkins, participants of the US Home of Representatives Financial Services Committee known as for the implementation of President Donald Trump’s Executive Show 14330, dated August 7, 2025.
The government expose objectives to create it simpler for 401(ok) retirement fund merchants to get entry to different sources, notably digital sources love Bitcoin. People of Congress have urged the SEC to posthaste hold the fundamental regulatory steps to create particular People have get entry to to a mighty wider fluctuate of investment strategies in their retirement plans.
The letter acknowledged that the SEC ought to collaborate with the Ministry of Labor to update connected regulations, and that retirement merchants must be given get entry to to opportunities that will develop their possibility-return balance.
The letter became signed by Committee Chairman French Hill, Capital Markets Subcommittee Chairman Ann Wagner, along with Frank D. Lucas, Warren Davidson, Marlin Stutzman, Andrew Garbarino, Michael V. Lawler, Troy Downing, and Mike Haridopolos.
*That is no longer any longer investment advice.
