TL;DR
- A group of lawmakers from the House Financial Services Committee urged the SEC to allow Bitcoin in U.S. 401(k) retirement plans.
- Trump’s Executive Order 14330 promotes the inclusion of digital assets in retirement portfolios beyond traditional stocks and bonds.
- French Hill, Ann Wagner, and other lawmakers pressed the SEC and the Department of Labor to update regulations and open access to Bitcoin.
A group of lawmakers from the House Financial Services Committee has called on the Securities and Exchange Commission (SEC) to authorize the inclusion of Bitcoin in 401(k) retirement plans.
The initiative seeks to accelerate the implementation of Executive Order 14330, signed in August by President Donald Trump, which aims to modernize investment options for American workers.
In a letter addressed to SEC Chairman Paul Atkins, the lawmakers urged the agency to coordinate with the Department of Labor on updating the regulatory framework. The executive order states that retirement plans should not be limited to traditional stocks and bonds but should also include new asset classes, including digital assets. The document cites Bitcoin as an example of an instrument that could be integrated into long-term savings portfolios.
The members of Congress stressed that workers deserve the same access to investment opportunities as large funds and financial institutions. In their view, diversification through alternative assets can improve retirement prospects and reduce reliance on traditional markets.
A Turning Point for Bitcoin Adoption
The letter was endorsed by Committee Chairman French Hill and Capital Markets Subcommittee Chair Ann Wagner, along with other lawmakers such as Frank Lucas, Warren Davidson, and Troy Downing. The support of key figures in Congress’s financial agenda highlights the growing interest in accelerating the integration of digital assets into mass savings structures.
The request comes at a time when cryptocurrency markets are experiencing volatility. Bitcoin ETFs saw $363 million in outflows ahead of a speech by Federal Reserve Chairman Jerome Powell, underscoring the sector’s sensitivity to monetary policy signals. Even so, lawmakers argue that the maturing market is now suitable for long-term investment vehicles.
If the SEC moves forward with regulatory changes, millions of Americans could gain direct access to Bitcoin and other digital assets within their retirement plans. The measure would represent a structural shift in how retirement savings are managed and mark a turning point in cryptocurrency adoption in the United States
