Internet reports that Republican U.S. Rep. Troy Downing will introduce a new bill called The Retirement Investment Choice Act on Tuesday, which aims to legislate the executive order previously signed by President Trump, making it possible to include cryptocurrencies and private equity in 401(k) retirement plan investments. The bill was co-signed by four Republican lawmakers, including Byron Donalds, Buddy Carter, Warren Davidson and Barry Moore. Downing said the move will give more U.S. savers access to high-potential alternative assets. Previously, the Biden administration had been cautious about including crypto assets in its retirement plan.