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TPM – Talking Points MemoApr 8, 2026National News

New Labor Department Rule is Trump’s Latest Favor to the Crypto Industry

President Trump faces criticism over a Labor Department rule that creates a legal safe harbor for crypto investments in 401(k) plans.

New Labor Department Rule is Trump’s Latest Favor to the Crypto Industry
Bad Look
tl;dr

The Labor Department proposed a rule protecting retirement fiduciaries who invest in cryptocurrency, a move critics label a conflict-of-interest 'giveaway' linked to President Trump’s personal financial ties to the digital asset industry.

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