- U.S. Senators wrote an open letter to the CEO of Fidelity regarding its bitcoin 401(k) plan.
- Senators condemned the financial institution for offering bitcoin as an optional retirement investment strategy.
- The senators also recognize the struggles of Americans trying to save for retirement but can’t seem to understand traditional finance is the problem.
An open letter from three U.S. Senators was sent to the CEO of Fidelity Investments to condemn the company’s recent launch of a bitcoin 401(k) retirement plan.