
August 17, 2025
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8:35Now PlayingDonald Trump goes off the rails with an insane tantrum, trying to make his base mad to distract from his recent catastrophic order affecting the public's retirement funds and his own stock trading corruption. John Iadarola and Jayar Jackson break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Trump to supercharge private equity with 401(k) order
"President Trump on Thursday signed an executive order to allow private equity and other alternative assets into 401(k) retirement accounts.
Why it matters: This is a major realignment of the capital markets, and could result in private equity becoming even more ubiquitous.
Catch up quick: Federal rules currently discourage most defined-contribution plans from investing in alt assets like private equity, private credit, real estate, and cryptocurrencies. In short, it's considered a breach of fiduciary duty."
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