• Senator Tommy Tuberville is introducing a bill that would protect retirees who want to use their funds to purchase crypto or other speculative assets.
• Elizabeth Warren has attacked organizations like Fidelity for allowing people to invest in crypto with their retirement funds.
• Biden and his administration have been trying to regulate and control American financial practices, which goes against the original design of the Constitution set forth by the Founding Fathers.
Senator Tuberville Reintroduces Retirement Crypto Investment Bill
Senator Tommy Tuberville – a republican from the state of Alabama – is reintroducing a bill that would prevent the Department of Labor from getting in the way if retirees want to use their funds to purchase crypto or other forms of speculative assets. This move is being initiated not so much because Tuberville is a major crypto fan, but because he’s sick and tired of Biden and his nation-hating cronies working their tails off to regulate the funds of everyday Americans and for trying to control what they do.
Biden Administration’s Control Over Finances
Tuberville commented in a recent interview: The Biden administration can’t keep its hands off of Americans‘ finances. Meddling in 401(k) investments through overregulation restrains financial growth and restricts personal liberty. The federal government shouldn’t choose winners and losers in the investment game. Bureaucrats have no business telling hard-working Americans how to manage their savings accounts. My bill ensures that everyone who earns a paycheck has the financial freedom to invest in their futures however they see fit.
Elizabeth Warren’s Attack on Fidelity
Several members of the democrat party have sought to get in the way when it comes to Americans making their own decisions about what they do with their money. Another example comes in the shape of Elizabeth Warren, the forever anti-crypto senator of Massachusetts. Not long ago, when Fidelity announced it would allow clients to use their retirement funds to invest in crypto, Warren appeared