The Great American Retirement Heist: How Trump and Wall Street Are Circling Your Nest Egg
An August 2025 executive order and a March 2026 Labor Department rule have opened the $12 trillion 401(k) market to private equity, private credit, and cryptocurrency — the riskiest, most opaque, and highest-fee corners of finance. As the same administration guts the Social Security Administration and floats “Trump Accounts” as a backdoor to privatization, the message to American workers is unmistakable: your retirement is now a revenue stream for the president’s donors.


