Teachers Union Demands Senate Kill Crypto Market Structure Bill, Citing ‘Profound’ Pension Risks

A major U.S. teachers union is pushing back hard against the proposed Crypto Market Structure Bill, urging the Senate to reject it on the grounds that it could expose retirement savings to unnecessary risk. In a sharply worded statement, the union argued that the bill which aims to give regulatory clarity and expand crypto access within traditional financial systems could unintentionally open the door for pension funds to take on volatile digital assets at a time when markets remain unstable.

Their core concern is straightforward: crypto’s extreme price swings don’t mix well with long-term retirement planning. With many public pension systems already under pressure, the union fears that even limited exposure to digital assets could worsen funding gaps if the market experiences another deep downturn. They also warned that the bill’s restructuring of oversight responsibilities could weaken consumer protections by shifting too much authority to agencies they believe lack experience regulating digital assets at scale.

On the other side, supporters of the bill argue that better rules would make crypto safer, not riskier, and could help American workers benefit from a rapidly growing sector.

For now, the union’s stance adds a new layer of political resistance — highlighting how deeply divided policymakers remain on crypto’s place in the future financial system.