CryptoBearishCoinDesk · Jun 267/10
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U.S. House Democrat, who may soon run key committee, condemns crypto in 401(k)s
Maxine Waters, the ranking Democrat on the House Financial Services Committee, has publicly opposed the Department of Labor's proposal to allow alternative assets like cryptocurrencies in 401(k) retirement plans. Waters' stance signals potential political headwinds for crypto adoption in mainstream retirement savings vehicles as she may soon chair the committee.
