Trump Proposes Integrating Crypto Assets into US Pension and Mortgage Systems, Sparking Opposition from Democrats

According to a report by Jinse Finance, the Trump administration plans to further integrate crypto assets into the U.S. economy, including incorporating digital assets such as Bitcoin into 401(k) retirement accounts and mortgage asset evaluations. The Federal Housing Finance Agency has already requested that Fannie Mae and Freddie Mac consider borrowers’ crypto holdings as collateral, sparking opposition from Democratic figures like Senator Elizabeth Warren, who worry that such moves could undermine financial system stability. The White House is also set to release a major strategic report on crypto assets this Wednesday and may sign an executive order to promote greater diversification of pension investments, including cryptocurrencies. Additionally, the market is watching to see whether the report will address federal reserve mechanisms such as a “Bitcoin strategic reserve.” Earlier this month, Trump completed stablecoin regulatory legislation through the “GENIUS Act.” The House has already passed related market structure bills, and the Senate is drafting its own version, with industry feedback expected by August 5. Despite Congress entering recess, the Trump administration continues to prioritize crypto issues as a core agenda item for the second half of the year.