And... he is running: Trump Plans to Give Your 401(k) a Boost - WSJ

President Trump issued an executive order last week directing the Labor Department to consider enabling holders of 401(k) and other defined-contribution retirement plans to invest in alternative assets—including private equity, real estate and digital assets such as bitcoin. This would allow them to achieve better returns on their savings.

Defined-contribution plans are a primary method of saving for retirement. The employers that sponsor these plans are fiduciaries obligated to act in the best interests of account holders. As of this March, more than 90 million Americans collectively had $12.2 trillion invested through 401(k) plans, with their assets held in a mix of debt and equity from publicly traded companies.

Unfortunately for these investors, investment opportunities in public markets are shrinking. In 1996 there were roughly 8,000 public companies, but that number has since declined by half. Why? Because public companies are subject to increasingly burdensome disclosure obligations, compliance costs and litigation risk, while private companies aren’t.

More..

https://www.wsj.com/opinion/trump-plans-to-give-your-401-k-a-boost-private-markets-investments-eo-a03d5c92?st=t6f9c6&reflink=desktopwebshare_permalink

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Just read the WSJ own Jason Zweig warning:

https://www.democraticunderground.com/11216430