Senators Bernie Sanders and Elizabeth Warren have written to the U.S. Department of Labor urging it to withdraw a proposed rule that would permit Bitcoin and other cryptocurrencies to be included in 401(k) retirement accounts. The rule, put forward under the Trump administration, would expand the range of assets available to American retirement savers. Sanders and Warren argue the move exposes workers to unacceptable financial risk given crypto's volatility. Their intervention highlights a deepening partisan divide over digital assets in retirement planning, with Republicans broadly supportive of expanding crypto access while prominent Democrats push back. The Labor Department has not yet publicly responded to the senators' request, and the rule's fate remains uncertain as regulatory debate around crypto in retirement savings continues.
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