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Live until: Jul 31, 2026
Hosted by: Progress America
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Elon Musk and other AI companies like OpenAI are pressuring the financial firms that decide which stocks go into the index funds commonly held in everyday people's 401(k)s and IRAs to change their rules and allow these companies to skip the line and gain access to working people's retirement accounts. Some index fund managers, including those tracking the NASDAQ 100, have already folded to Musk's demands. This isn't just about tech stocks. It's about whether billionaire CEOs get to rig the rules that govern our retirement security. In a recent letter to index investing providers, Senator Elizabeth Warren wrote: "The changes to your index rules to accommodate these large companies, however, have the potential to destabilize markets and create significant risks for American investors, especially retirees and other individuals that rely on index funds for their savings." Sign our petition now to the four largest firms telling them to stand up for people's retirement accounts and say NO to Elon and AI skipping the line.