Elizabeth Warren Lashes Out At Trump's Move To Introduce Crypto To 401(K) Plans: 'Shadowy Markets Lack Strong Guardrails To Keep Your Money Safe'

Benzinga10-31

Sen. Elizabeth Warren (D-Mass.) said Thursday that President Donald Trump’s decision to allow cryptocurrencies in 401(k) plans could put “hard-earned savings” of Americans at risk. Warren took to X to...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2579482629?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2025/10/30/Arlington--Va---February-13--2020-Senato.jpeg?optimize=medium&dpr=2&auto=webp&width=260","is_english":true,"pubTime":"2025-10-31 11:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2579482629","market":"us","top_or_hot":-1,"title":"Elizabeth Warren Lashes Out At Trump's Move To Introduce Crypto To 401(K) Plans: 'Shadowy Markets Lack Strong Guardrails To Keep Your Money Safe'","media":"Benzinga","content":"<div>\n<p>Sen. Elizabeth Warren (D-Mass.) said Thursday that President Donald Trump’s decision to allow cryptocurrencies in 401(k) plans could put “hard-earned savings” of Americans at risk.\nWarren took to X to...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/25/10/48549602/elizabeth-warren-lashes-out-at-trumps-move-to-introduce-crypto-to-401k-plans-shadowy-markets-lack-strong-guardrails-to-keep-your-money-safe\">Source Link</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elizabeth Warren Lashes Out At Trump's Move To Introduce Crypto To 401(K) Plans: 'Shadowy Markets Lack Strong Guardrails To Keep Your Money Safe'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElizabeth Warren Lashes Out At Trump's Move To Introduce Crypto To 401(K) Plans: 'Shadowy Markets Lack Strong Guardrails To Keep Your Money Safe'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-10-31 11:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/crypto/cryptocurrency/25/10/48549602/elizabeth-warren-lashes-out-at-trumps-move-to-introduce-crypto-to-401k-plans-shadowy-markets-lack-strong-guardrails-to-keep-your-money-safe><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sen. Elizabeth Warren (D-Mass.) said Thursday that President Donald Trump’s decision to allow cryptocurrencies in 401(k) plans could put “hard-earned savings” of Americans at risk.\nWarren took to X to...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/25/10/48549602/elizabeth-warren-lashes-out-at-trumps-move-to-introduce-crypto-to-401k-plans-shadowy-markets-lack-strong-guardrails-to-keep-your-money-safe\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4504","symbol_name":"桥水持仓","start_time":0,"source_url":"https://www.benzinga.com/crypto/cryptocurrency/25/10/48549602/elizabeth-warren-lashes-out-at-trumps-move-to-introduce-crypto-to-401k-plans-shadowy-markets-lack-strong-guardrails-to-keep-your-money-safe","article_id":"2579482629","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/10/30/Arlington--Va---February-13--2020-Senato.jpeg?optimize=medium&dpr=2&auto=webp&width=260"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/crypto/cryptocurrency/25/10/48549602/elizabeth-warren-lashes-out-at-trumps-move-to-introduce-crypto-to-401k-plans-shadowy-markets-lack-strong-guardrails-to-keep-your-money-safe","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2579482629","pubTimestamp":1761880500,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Sen. Elizabeth Warren (D-Mass.) said Thursday, October 30, that President Donald Trump's decision to allow cryptocurrencies in 401(k) plans could put retirement savings at risk.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4504":"桥水持仓","K":"家乐氏","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4212":"包装食品与肉类"},"translate_title":"伊丽莎白·沃伦(Elizabeth Warren)猛烈抨击特朗普将加密货币引入401(K)计划的举措：“影子市场缺乏强有力的护栏来保护您的资金安全”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"K":1.5},"content_text":"Sen. Elizabeth Warren (D-Mass.) said Thursday that President Donald Trump’s decision to allow cryptocurrencies in 401(k) plans could put “hard-earned savings” of Americans at risk.\nWarren took to X to voice her apprehensions about Trump’s executive orders that push private equity and cryptocurrencies into 401(k) retirement plans. \n“These shadowy markets lack strong guardrails to keep your money safe,” the Democratic lawmaker alleged. “We can't let Wall Street gamble with Americans' hard-earned savings.”\nThe remarks come after Warren and Sen. Bernie Sanders (I-Vt.) led a group of lawmakers to raise concerns about the move in a letter sent to the SEC and the Labor Department.\nThe legislators quoted the Labor Department’s 2022 guidance that urged plan fiduciaries to exercise “extreme care” before adding a cryptocurrency option to a 401(k) plan\nThe senators also raised questions about the potential financial benefits the Trump family could reap from this move. They cited reports claiming that the first family gained up to $5 billion in paper wealth from the World Liberty Financial (WLFI) token launch.\nThe White House and the SEC didn’t immediately return Bezninga’s request for comment.\nSee Also: Elizabeth Warren Says Fed Is ‘Flying Blind’ On Interest Rate Decision: ‘Families Deserve The Facts About The Economy, Not More Lies From Trump’\nThe move to open up potentially $40 trillion in retirement savings to digital assets like Bitcoin (CRYPTO: BTC) has become a divisive issue.\nSen. Cynthia Lummis (R-Wyo.) hailed the decision, stating Americans can “secure” their financial futures through digital assets, but economist Peter Schiff warned it could worsen retirement savings shortfalls.\nAnthony Pompliano, founder of Professional Capital Management, said that the move opens massive new capital flows to cryptocurrency markets.\nRead Next: \nPhoto Courtesy: Bryan J. Scrafford on Shutterstock.com\nDisclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2579482629","isCrawlerRequest":true}