Senators Bernie Sanders and Elizabeth Warren are calling on the Trump administration’s Labor Department to scrap a rule that would open America’s retirement savings accounts to Bitcoin and other cryptocurrencies — a move the lawmakers say puts workers’ financial futures at risk while lining the pockets of President Trump and his family.

In a 14-page letter sent Monday to Acting Labor Secretary Keith Sonderling, Sanders (I-VT) and Warren (D-MA) joined House Education and Workforce Committee ranking member Rep. Bobby Scott (D-VA) to condemn a proposed Department of Labor rule floated in March.

The rule would give 401(k) plan fiduciaries cover to offer volatile assets —…

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