Trump considers allowing private equity to participate in retirement plans

According to a report by the Financial Times citing four sources familiar with the discussions, the Trump administration is considering an executive order that would instruct agencies such as the Treasury Department and the U.S. Securities and Exchange Commission to explore the feasibility of allowing private capital groups to participate in 401(k) plans. The report states that no decisions have been made yet, and any initiatives may be a long way off. The White House declined to comment. The U.S. Treasury Department did not respond to a request for comment