The White House is considering a new order to enhance the status of private sale equity in 401(k) plans.

Jin10 reported on May 22 that, according to reports, advisors to President Trump are considering a new executive order to pave the way for private equity to play a more significant role in retirement savings in the U.S. It has been reported that senior officials have been discussing the issuance of an executive order or presidential memorandum aimed at alleviating legal concerns that have long hindered private equity from entering the majority of employees' 401(k) accounts.

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