Trump pitches a sweeping federal-style retirement plan for private workers
TL;DR Summary
In his State of the Union address, Trump floated a major new federal-style retirement benefit for roughly 54 million private-sector workers, but the White House lacks the legal authority to enact it and experts are skeptical about the proposed legislation.
- Trump floats new retirement benefit for 54 million workers The Washington Post
- Trump announces new retirement plan at State of the Union Axios
- Trump boasts of stock market rally, promises $1,000 retirement savings contributions Reuters
- Bessent on new Trump retirement plan: ‘We can do it through reconciliation’ The Hill
- Trump Targets 401(k) Gap With Savings Plan for Uncovered Workers Bloomberg.com
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