Sanders, Warren Urge DOL to Block Crypto in 401(k)s

Senators Bernie Sanders and Elizabeth Warren are actively campaigning against a proposed Department of Labor rule that would permit cryptocurrency investments within 401(k) retirement plans. The lawmakers have formally requested the DOL to withdraw this controversial measure, citing concerns about the volatility and risks associated with digital assets. Their intervention signals a significant pushback from influential figures in Congress regarding the integration of cryptocurrencies into mainstream retirement savings vehicles, potentially impacting the future accessibility of crypto for millions of Americans saving for retirement.