"[The Trump] administration is softening one of the strongest legal protections American workers have: the right to hold an employer accountable when retirement savings are mishandled. The change is designed to give employers cover if their workers' 401(k)s are deflated by expensive, opaque or unproven investments."
propublica.org/article/401k-re…#
politics #
USA #
401k
Financial firms want a bigger piece of the $10 trillion in America’s 401(k) plans, and the Trump administration is planning a regulatory rollback to encourage less-regulated — and often riskier — investments.
Paul Kiel (ProPublica)
