The American Federation of Teachers (AFT) sent a letter to Senate Banking Committee leaders warning that proposed changes to the legislative framework would legitimize crypto markets while weakening investor protections, putting teachers’ pension funds at greater risk. The union argues this shift could expose pension funds to unsafe assets and elevate the risks of fraud and financial instability. Union Says RFIA Endangers Retirement The AFT laid out its concerns this week in a sharply worded letter addressed to Senate Banking Committee Chair Tim Scott and Ranking Member Elizabeth Warren. The union, which represents more than 1
source: https://beincrypto.com/teachers-union-crypto-warning-america/