Teachers' Union Warns of Crypto Risks in Senate Bill
Update: 2025-12-10
Description
The American Federation of Teachers opposes Senates crypto market structure bill, fearing it could jeopardize retirement security. They argue the bill lacks adequate regulatory structure for crypto assets and stablecoins, unlike other pension holdings. The union warns that if the bill passes, pensions and four-oh-one-k plans could end up holding unsafe assets. Meanwhile, former President Trump explores ways to allow cryptocurrencies in four-oh-one-k retirement plans through executive orders, with some asset management companies already open to including digital assets in retirement portfolios.
DNN | The Daily News Now!
The world’s first global local news network.
Every city. Every story. AI powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
