US Lawmaker to Reintroduce Crypto Retirement Bill for Trump
Alabama Senator Tommy Tuberville is making another attempt to pass a law that would let Americans invest in cryptocurrency through their 401(k) retirement plans.
His bill, called the Financial Freedom Act, was first introduced in May 2022 and failed to pass in both 2022 and 2023.
In a March 31 interview on Fox News, Tuberville said he planned to bring back the bill on April 1, though Congress has not taken any official action. He framed the bill as part of his support for Donald Trump’s role as a “crypto president”, saying that Americans should have more control over how they invest their money.
The Financial Freedom Act seeks to minimize regulations made by the Department of Labor, which now restricts the types of investments…
