Bill would block DOL guidance on crypto in retirement plans

Sen. Tommy Tuberville, R-Alabama, has re-introduced a bill pushing back on Department of Labor guidance warning of the inclusion of cryptocurrency in defined contribution retirement plans, reports. On Feb. 16, Tuberville reintroduced the Financial Freedom Act, legislation he first introduced in May 2022, which would roll back any DOL guidance that limits the type of investments self-directed 401(k) account investors can select through a brokerage window.