Thank you, Chair Sanders. A little odd, the focus today seems to be promoting the defined benefits system.
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How do we improve retirement not for Elon Musk, but for kind of the folks who are at the low end.
If the Chair truly wishes to expand the use of defined benefit plans, I am so happy to discuss reforms similar to the ones that have been very successful in the individual employer space, and pass them, to stabilize the entire defined…
We will need something bipartisan to pass with 60 votes.
Let's make it easier for the defined contribution to include them.
I hope the Chair will indulge with a markup of these bipartisan pieces of legislation.
Since ERISA, the defined benefits system has been largely replaced by the defined contribution which has flourished.
Thank you, Chair Sanders. A little odd, the focus today seems to be promoting the defined benefits system.
We are in support of risk-based inspections. You can count on my office to be at the Coast Guard's avail.
There's a rare moment when I'm going to commend the Biden administration.
Congress has a responsibility to observe carefully and evaluate the actions of our Executive branch and to condemn Executive actions that we believe weaken national security or injure our country.
How do we improve retirement not for Elon Musk, but for kind of the folks who are at the low end.
Thank you, Chair Sanders. A little odd, the focus today seems to be promoting the defined benefits system.
We will need something bipartisan to pass with 60 votes.
Importantly, Congress just passed Secure Act 2.0 on a bipartisan basis, making improvements to our Nation's retirement system.
I hope the Chair will indulge with a markup of these bipartisan pieces of legislation.