What Trump’s Executive Order on 401(K)s Means for Workers Who Hope to Retire

In an interview with C.J. Polychroniou, Gerald Epstein explains the potential consequences of Trump’s executive order to allow 401(K) holders to invest in private equity, cryptocurrency, and other alternative assets. Epstein warns that this move not only comes with high risks, but the so-called alternative assets deliver, at best, average returns. He says instead of “democratizing access, Trump’s executive order will “democratize” exploitation.”