{"id":335543,"date":"2025-12-09T23:12:08","date_gmt":"2025-12-09T23:12:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/335543\/"},"modified":"2025-12-09T23:12:08","modified_gmt":"2025-12-09T23:12:08","slug":"voters-back-alternative-assets-in-401ks-poll-shows","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/335543\/","title":{"rendered":"Voters back alternative assets in 401(k)s, poll shows"},"content":{"rendered":"

The private equity industry helped create the Council earlier this year<\/a> to educate policymakers as part of its push<\/a> to get lawmakers to pass legislation<\/a> enshrining a related executive order<\/a> Trump signed this summer. Democratic staff on the Senate Banking and HELP Committees hosted private equity, retirement, and labor policy experts on Monday for a briefing on the topic, a person familiar with the plans said, and GOP staff on the House Financial Services Committee are set to receive their own briefing this week.<\/p>\n

It won\u2019t be easy, lawmakers and aides said Monday, given pervasive skepticism on both sides of the aisle.<\/p>\n

\u201cYou\u2019ve got to be careful, because those underlying assets have higher risk. They have higher reward, but we got to call it what it is,\u201d Sen. Thom Tillis, R-N.C., told Semafor. \u201cI can\u2019t imagine that it would get 60 votes over here.\u201d<\/p>\n

Trump\u2019s executive order specifically directed the Labor Department and SEC to provide employers with guidance on how to include private investments, like private equity, and cryptocurrency in 401(k) plans. An August poll conducted by the Harris Poll on behalf of The Wall Street Journal found that only 10% of investors<\/a> wanted more nontraditional 401(k) investment offerings.<\/p>\n","protected":false},"excerpt":{"rendered":"The private equity industry helped create the Council earlier this year to educate policymakers as part of its…\n","protected":false},"author":2,"featured_media":335544,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[45,49,48,133,131,132],"class_list":{"0":"post-335543","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-finance","12":"tag-personal-finance","13":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/335543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=335543"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/335543\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/335544"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=335543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=335543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=335543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}