Skip to Content

Press Releases

Walberg Applauds DOL Action to Increase Investment Options for American Savers

 Education and Workforce Committee Chairman Tim Walberg (R-MI) released the following statement after the Department of Labor (DOL) announced a proposed rule to make it easier for American workers to invest their 401(k) savings in alternative assets such as private equity, real estate, cryptocurrencies, and more:

“Workers should be able to retire with sustainable and comfortable lifesavings, not endless worry and instability. This means giving employees the resources they need to achieve their savings goals. I applaud the Trump administration for modernizing retirement plans to reflect the wider range of ways Americans can invest and grow their savings."

###
Stay Connected