The Retirement Alternatives Test — The record

Reporting and findings

1. documented

   Trump directed Labor, Treasury, and the SEC to reconsider rules and guidance limiting alternative assets in participant-directed retirement plans.

   • The White House: Democratizing Access to Alternative Assets for 401(k) InvestorsSections 2-3
2. documented

   President Trump signed the August 7, 2025 executive order on alternative assets in 401(k) plans.

   • The White House: Democratizing Access to Alternative Assets for 401(k) InvestorsSections 2-3