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Chairman Hill, Rep. Wagner Commend President Trump’s Executive Order on 401(k) Plans

Today, President Trump signed an executive order to help make private-market investments more widely available to U.S. retirement plans. House Committee on Financial Services Chairman French Hill (AR-02) and Subcommittee on Capital Markets Chair Ann Wagner (MO-02) issued the following statement:

“We applaud President Trump’s executive order to expand access to private-market investments in retirement plans. This is a significant step toward modernizing the U.S. retirement system and empowering American workers with greater choice for how they grow their savings,” the lawmakers said. “Facilitating the inclusion of private assets in 401(k) plans will help unlock new avenues for long-term financial security for everyday Americans. We look forward to using our positions on the House Financial Services Committee to work with the Department of Labor and Securities and Exchange Commission to ensure this policy benefits all workers.” 

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