{"id":5064,"date":"2025-10-14T22:16:28","date_gmt":"2025-10-14T22:16:28","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/10\/14\/new-gop-bill-wants-to-solidify-trumps-bitcoin-friendly-401k-order\/"},"modified":"2025-10-14T22:16:28","modified_gmt":"2025-10-14T22:16:28","slug":"new-gop-bill-wants-to-solidify-trumps-bitcoin-friendly-401k-order","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/10\/14\/new-gop-bill-wants-to-solidify-trumps-bitcoin-friendly-401k-order\/","title":{"rendered":"New GOP Bill Wants to Solidify Trump\u2019s Bitcoin-Friendly 401(k) Order"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

New GOP Bill Wants to Solidify Trump\u2019s Bitcoin-Friendly 401(k) Order<\/a><\/p>\n

<\/div>\n

A new House bill aims to lock in President Donald Trump\u2019s August executive order directing the Labor Department to open retirement plans to alternative assets \u2014 including bitcoin.<\/p>\n

The Retirement Investment Choice Act<\/em>, expected to be introduced Tuesday by Rep. Troy Downing (R-Mont.), would give Executive Order 14330 \u201cthe force and effect of law.\u201d\u00a0<\/p>\n

The one-page bill<\/a> cements Trump\u2019s directive that Americans saving for retirement should be allowed access<\/a> to crypto and other alternative assets if plan providers deem them appropriate.<\/p>\n

\u201cAlternative investments hold the transformative potential to supercharge the financial security of countless Americans saving for retirement,\u201d Downing said<\/a> in a statement reported by Politico<\/em>. \u201cI applaud President Trump for his leadership to democratize finance and am proud to be leading the effort in Congress to codify his EO.\u201d<\/p>\n

If enacted, it would permanently authorize 401(k) providers to include crypto-exposed products<\/a> alongside traditional funds. This could unlock billions of dollars<\/a> in new flows to Bitcoin and other digital assets.<\/p>\n

\n

JUST IN: Congressman Troy Downing to introduce bill that would cement President Trump’s executive order allowing #Bitcoin<\/a> in 401(k)s into law pic.twitter.com\/egTr4wNnJo<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) October 14, 2025<\/a>\n<\/p><\/div>\n

Trump\u2019s bitcoin-related executive order\u00a0<\/h2>\n

The executive order, signed<\/a> in August, directed the Labor Department (DOL) and Securities and Exchange Commission (SEC) to expand access to \u201calternative assets\u201d such as private equity, commodities, insurance products \u2014 and crypto.\u00a0<\/p>\n

It gave the DOL 180 days to propose rules. That deadline falls in early February, though the recent government shutdown and staffing cuts at the Employee Benefit Security Administration could delay progress.<\/p>\n

Senate Republicans urged the DOL in August<\/a> to move quickly, calling for a \u201cregulatory safe harbor\u201d to protect plan sponsors that offer such investments. \u201cDoing so will maximize the order\u2019s effectiveness,\u201d they wrote, \u201cand ensure industry has the certainty needed to deliver on behalf of American retirees.\u201d<\/p>\n

Industry groups largely welcomed the shift. \u201cProfessional retirement plan fiduciaries \u2014 not the federal government \u2014 are in the best position to assess what is in the financial best interest of participants,\u201d said<\/a> Brian Graff, CEO of the American Retirement Association.<\/p>\n

Still, the bill\u2019s fate remains uncertain. Democrats are unlikely to support legislation seen as expanding crypto access in retirement accounts. And no Senate version has been introduced.<\/p>\n

Even so, for a party increasingly embracing Bitcoin as a symbol of financial sovereignty, Downing\u2019s proposal signals intent. Some lawmakers clearly want Bitcoin to be part of America\u2019s retirement future.<\/p>\n

Back in March, President Trump signed<\/a> an Executive Order creating a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile to centralize government-held crypto. The Reserve, including the $14 billion in seized bitcoin at the time, would be held as a store of value and not sold.<\/p>\n

This post New GOP Bill Wants to Solidify Trump\u2019s Bitcoin-Friendly 401(k) Order<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine New GOP Bill Wants to Solidify Trump\u2019s Bitcoin-Friendly 401(k) Order A new House bill aims to lock in President Donald Trump\u2019s August executive order directing the Labor Department to open retirement plans to alternative assets \u2014 including bitcoin. The Retirement Investment Choice Act, expected to be introduced Tuesday by Rep. Troy Downing (R-Mont.), […]<\/p>\n","protected":false},"author":0,"featured_media":5065,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5064","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5064"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5064\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5065"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}