[U.S. Lawmakers Warn Trump’s Push for Retirement Savings to Invest in Cryptocurrency Could Trigger Risks] U.S. Senators Elizabeth Warren and Bernie Sanders sent a letter this week to U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins and Labor Secretary Lori Chavez-DeRemer, warning that the Trump administration’s encouragement for 401(k) plan providers to invest retirement savings into cryptocurrency and private markets could lead to catastrophic consequences. The letter pointed out that President Trump recently advocated for the retirement savings industry to embrace cryptocurrency, while the Labor Department revoked policy recommendations from the Biden administration regarding cautious investment in high-risk assets, including private market funds, cryptocurrency-related stocks, and exchange-traded products (ETPs). The two senators believe this move could weaken protections for American workers’ retirement savings and have requested the relevant departments to provide a detailed assessment of the risks associated with the new policy in the coming weeks.