1. It wasn’t a bill, it was an executive order. The president doesn’t need congress or the Supreme Court to support him. A single person can take away your property with the swipe of a pen. 

2. Definitely a possibility for a honey pot. Not your keys = not your cheese. 

3. Fund managers are going through their due diligence process right now. They CAN NOT  sell the ETFs to their clients at this time. Very soon, once the due diligence process is complete, we are going to see inflows explode. Once everyone has 401K money in the ETFs pension funds will invest. Once the big banks and union pension funds are involved no president/party on the planet will take them away because the true power in this country won’t let them.