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Trump opens the door for private equity in retirement plans

An executive order from President Trump would extend the opportunity for 401k fund managers to include private equity in retirement portfolios. What are the risks and benefits?

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Darian Woods is a producer for Planet Money. He blends economics, journalism, and an ear for audio to tell stories that explain the global economy. He's reported on why Australia avoided a recession longer than any other country, how Jamaica used music to fight inflation, and where the United States' two percent inflation target came from.
Paddy Hirsch