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US lawmaker will reintroduce crypto retirement bill to help Trump agenda

April 1, 2025Updated:April 1, 2025No Comments2 Mins Read
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US lawmaker will reintroduce crypto retirement bill to help Trump agenda
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US lawmaker will reintroduce crypto retirement bill to help Trump agenda

For the second time, Alabama Senator Tommy Tuberville is ready to reintroduce a invoice geared toward permitting People so as to add cryptocurrency to their retirement financial savings plans.

In a March 31 Fox Information interview, Sen. Tuberville stated he deliberate to reintroduce his “Monetary Freedoms Act” laws after two failed makes an attempt to get the laws by means of Congress in 2022 and 2023. In asserting the invoice, the Alabama senator stated he needed to assist US President Donald Trump’s perceived position as a “crypto president.” 

“Give individuals an opportunity to breathe for as soon as […] allow them to do what they do greatest [which] is make investments their cash,” stated the senator. 

The Monetary Freedom Act, which Tuberville first launched within the US Senate in Could 2022, proposed scaling again laws with the Division of Labor over the kinds of investments utilized in 401(okay) retirement plan fiduciaries. The senator stated he would reintroduce the invoice on April 1, however congressional data confirmed no motion on the time of publication.