Trump to Allow Pension Funds to Invest in Cryptocurrencies and Gold

On July 18, according to a report by the British Financial Times, Trump is preparing to open up cryptocurrency, gold, and private equity to the $9 trillion U.S. retirement market, a move that would stimulate a fundamental shift in the way Americans manage their savings.

According to three people familiar with the matter, Trump is expected to sign an executive order as early as this week to open up alternative investments other than traditional stocks and bonds to 401k retirement plans. These investments will involve a wide range of asset classes, from digital assets to metals, as well as funds focused on corporate acquisitions, private lending, and infrastructure deals.

The aforementioned sources said that the executive order will instruct regulators to investigate the obstacles to including alternative investments in professionally managed funds used by 401k savers.