from WaPo
Headline: "Trump to sign (executive) order to open alternative assets to retirement savers."
Sub-Headline: "The order is expected to direct the Labor Department to work with the Treasury and the Securities and Exchange Commission to see which regulations need to be changed."
From the article: "The order is expected to direct the Labor Department to work with the Treasury Department and the Securities and Exchange Commission to see which regulations need to be changed so that alternative-asset managers can tap into employer-sponsored retirement plans, according to a White House document obtained by The Washington Post. Americans have more than $12 trillion in these plans, including $9 trillion in 401(k)s, which these managers see as untapped capital."
So, let's turn the vulture capitalists loose in the chicken coop so they can pluck the unwary chickens? Is this a great country, or what?