( August 8, 2025, 9:48 AM EDT) -- WASHINGTON, D.C. — In an Aug. 7 executive order concerning 401(k)s and other defined-contribution retirement plans, President Donald J. Trump directed reexamination of U.S. Department of Labor (DOL) “past and present guidance regarding a fiduciary’s duties under the Employee Retirement Income Security Act of 1974 . . . in connection with making available to participants an asset allocation fund that includes investments in” private market investments and other “alternative assets.”...