U.S. Senators Elizabeth Warren and Bernie Sanders have voiced strong opposition to President Trump's executive order promoting the inclusion of private equity and cryptocurrencies in retirement portfolios. The senators argue that this initiative could expose retirees to heightened risks and market volatility, given the lack of transparency in these asset classes. They caution that presenting cryptocurrencies like Bitcoin and Ethereum as stable 'alternative investments' could mislead savers with unrealistic return expectations.
Senators Warren and Sanders Criticize Trump's Crypto Retirement Plan
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