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Tim Walberg: “Alternative assets, or assets that are private offerings…”

Featuring: Tim Walberg, Republican | U.S. House Michigan, District 5

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Tim Walberg Warns That Lawsuits Can Be 'Prohibitive' To 401(k) Asset Innovations

Published | Video Starts at 00:32

… retirement and for planning for retirement from, for giving employees and business owners an opportunity to combine and work together and offer choices. And I think it's a truth that Alternative assets, or assets that are private offerings, offer competitive returns and opportunities for diversification for 401k investors. That being said, on August 7, President Trump issued an executive order on democratizing access to alternative assets for 401k investors. (00:32–00:45)

CLAIM

Asserts that alternative assets provide competitive returns and diversification opportunities for 401k investors.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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