Warren Presses SEC Over Crypto Risk as Trump Pushes Crypto Into Retirement Plans

Senator Elizabeth Warren is demanding clarity from the Securities and Exchange Commission over the protection of retirement savers, as the Trump administration moves to integrate cryptocurrencies into 401(k) plans.

In a letter sent Monday to SEC Chair Paul Atkins, Warren asks how the agency plans to protect investors as regulators reconsider whether cryptocurrencies should be permitted.

The review follows an August 2025 executive order by President Trump instructing federal agencies to revisit guidance governing retirement investments, despite months of market turbulence.

“There is no reason to expect that inviting plans to offer these alternative investments will lead to better outcomes overall for participants—especially…

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