Throughout my political career, I’ve always been drawn to anti-establishment leaders; those I trusted would stand up for regular Americans — people my age and the working class, not just their out-of-touch friends and donors in Washington.
That’s why I’ve always been in President Donald Trump’s corner: he’s not looking out for himself, his only priority is delivering on the commitments he’s made to put America first and make every person’s life better — by expanding opportunity across the entire economic spectrum — not just for those at the top. He wants to ensure all Americans are winning, which is why he’s continuing to deliver real results for working people:
He’s made it easier for entrepreneurs to start and grow businesses in the United States, his “Trump Accounts” will give every newborn a financial head start, and he’s working to put homeownership back within reach for a generation that has been priced out of the market.
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Trump knows some of his youngest voters are those who were hit the hardest by the Biden administration’s failed policies. That’s why he’s set to deliver for the next generation once again — this time helping young people build real savings by investing in their futures — ultimately helping them achieve the American dream and enjoy his Golden Age of American greatness.
Last year, Trump took decisive action to give the public more expansive investment choices in their 401(k)s. In an executive order, he directed regulators to open the door to private-market opportunities, which have long been reserved for institutional investors. The formal rule to ensure this leveling of the playing field is expected to be issued by the Department of Labor soon.
This is a win for this administration, for anyone with a 401(k), and frankly, anyone who cares about the U.S. economy. Because here’s what Trump gets that other politicians don’t: your 401(k) is your money, and you should have the freedom to decide how it’s invested. In this case, that means more opportunities to grow your wealth and, for younger investors, a chance to finally catch up to the previous generations who weren’t subjected to former President Joe Biden’s suppressive economic policies.
And there’s every reason to believe this policy will deliver real results for the public. Why? Because time and again, expanding choice has proven to be a winning formula. But more importantly, the numbers don’t lie: from 2003 to 2023, private equity returned 15.2% while the S&P 500 returned 9.7%. The difference between 15.2% and 9.7% may not sound huge, but over 25 years, it turns $10,000 into about $340,000 instead of $100,000. That’s more than triple the outcome. Why shouldn’t all workers — whether it’s your first job out of school or you’re a small business owner just getting started — have access to those kinds of returns?
That, of course, is a question for Democrats, Washington gatekeepers, and the career regulators who built this system. They’ve been happy to keep the best investments for themselves, keeping most of us locked out while they, and their donors, get rich in private markets. Meanwhile, the rest of us are boxed into government-approved options, resulting in fewer opportunities, lower returns, and a system that benefits them, not you.
Public pension funds that cover government employees have been investing in private markets for decades. Take the Texas Teacher Retirement System, which manages pensions for 2 million current and former teachers: it allocates roughly one-third of its portfolio to private markets. All Trump is trying to do is give you the same options that government employees already have.
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So while the Left is working to hold you back and deny you the ability to build wealth, provide for your family, and realize the American dream, Trump is unleashing American prosperity. Because he wants every single person — regardless of age or industry they work in — to succeed and have the opportunity to be a winner.
He’s handing us the keys to the same markets that have been making institutions and government pension fund participants wealthy for decades. That’s Trump’s “America First” economics at its best.
Alex Bruesewitz is a political adviser to President Donald Trump