No, this is private equity getting into the largest pool of money in the country because they can't get enough elsewhere. Do not think for one second this is a good idea. 401k and Bitcoin great, it's a hard scarce asset but private credit wants to use your money and loan it out to risky ass shit and when it flops your retirement takes the hit, not them and not their reputation with the banks. It's not more control over your money, it's access for others.

https://www.breitbart.com/politics/2026/04/05/jeb-hensarling-trump-leading-democratization-of-american-retirement-plans/