Trump plans to promote the inclusion of encryption assets into the U.S. pension and mortgage system, provoking opposition from Democrats.

[Trump plans to promote the inclusion of encryption assets into the U.S. retirement and mortgage systems, provoking opposition from Democrats] The Trump administration plans to further integrate encryption assets deeply into the U.S. economy, including incorporating digital assets such as Bitcoin into 401(k) retirement accounts and housing mortgage asset assessments. The Federal Housing Finance Agency has requested Fannie Mae and Freddie Mac to consider the encryption assets held by borrowers as collateral, provoking opposition from Democratic senators like Elizabeth Warren, who are concerned that this move could destabilize the financial system. The White House will also release a significant encryption asset strategy report this Wednesday and may sign an executive order to promote more diversified pension investments covering cryptocurrencies. In addition, the market is paying attention to whether the report involves federal reserve mechanisms such as "Bitcoin strategic reserves." Earlier this month, Trump completed stablecoin regulatory legislation through the "GENIUS Act." The House of Representatives has passed the relevant market structure bill, and the Senate is also drafting a version, expecting to receive industry feedback by August 5. Although Congress has entered recess, the Trump administration has still listed encryption topics as one of the core agendas for the second half of this year.