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Last updated: June 19, 2025, 11:05  |  Written by: Linda Xie

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In The Letter

Washington, D.C. – U.S. Senator Tina Smith (D-Minn.) and Elizabeth Warren (D-Mass.) sent a letter questioning Fidelity’s decision to allow Bitcoin investments for 401(k)

Senators Elizabeth Warren (D-MA) and Tina Smith (D-MN) want answers from Fidelity about its recently announced plan to allow bitcoin investments for 401k

In the letter, the Senators ask the company to explain why they have failed to heed the Department of Labor's (DOL) warning about 401 (k) crypto investments and raise

Washington

In a letter to Abigail Johnson, CEO of asset management giant Fidelity Investments, on May 4, Senators Warren and Smith questioned the “appropriateness” of the

Sen. Elizabeth Warren voiced concerns about Fidelity Investments’ plan to include bitcoin in customers’ 401(k) accounts, calling it “a risky and speculative gamble.”

WASHINGTON – U.S. Senate Majority Whip Dick Durbin (D-IL), and U.S. Senators Elizabeth Warren (D-MA) and Tina Smith (D-MN) requested answers from Fidelity

U.S. Senator Elizabeth Warren

Senators Smith, Warren Question Fidelity on Plans to Allow Bitcoin

Sen. Warren calls out Fidelity over its bitcoin 401(k) push

Sens

Durbin, Warren, Smith Press Fidelity On Bitcoin Exposure To

Sens. Elizabeth Warren of Massachusetts and Tina Smith of Minnesota raised questions about a plan by Fidelity Investments to let investors put bitcoin in their 401

Sen. Elizabeth Warren Questions Fidelity’s Plan to Put Bitcoin in

Warren Questions Fidelity on Plans to Allow Bitcoin Investments

Warren questions Fidelity's 'risky and speculative' plan to offer

Sens. Warren, Smith Question Fidelity Bitcoin-in-401k Plan

Bitcoin Inclusion in 401(k) called into Question by Sens.

Sen Elizabeth Warren Concerned About Fidelity’s Bitcoin-401K Plan

Linda Xie can be reached at [email protected].

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