The Labor Department policy, stemming from an August 2025 executive order from Donald Trump, could allow “alternative assets” like crypto to be included in 401(k) retirement plans.

Sens. Warren and Sanders are pressing the DOL to strike down a proposed rule that would open up 401(k) retirement plans to crypto.

Sanders and Warren push the Labor Department to block a rule opening 401(k) plans to crypto, citing Trump's $5B conflict of interest.