This latest fiduciary proposal will lead to the same harmful consequences as the first and should suffer the same fate.
One of the most difficult challenges we face as a country is a lack of real retirement security for America's families.
Regrettably, the Department's fiduciary regulation would move our country in the opposite direction.
Mr. Secretary, I believe you have drawn that comparison from time to time and it is a clever talking point, but one that couldn't be more fl...
Low- and middle-income families are the ones who will bear the brunt of this misguided proposal.
We are here to address a regulatory scheme that will hurt a lot of families, retirees, and small business owners.
It is a clever talking point, but one that couldn't be more flawed.
Please withdraw this proposal and work with this committee on a responsible, bipartisan approach that will strengthen protections for invest...
Yet that is precisely what this regulatory proposal would do.
Imagine what would happen if doctors were prohibited from receiving compensation.
Why would the NFIB and the Chamber, who represent small businesses, object to this rule the way it is proposed?
Totally agree with that.
We need to, and I believe this, the day I started practice we had a pension plan for every employee that was in our practice.
Twenty-nine percent of people over 55 don't have any savings at all. That is frightening when you think about it.
I want to ensure that any written rule by the Department of Labor will make it easier for these investors to continue receiving high-quality...
You can't save enough money. I don't know if anybody ever said they have saved too much money.
I myself expressed concern with the Board's policy and its flawed interpretation of the law.
This action was met with significant opposition from the Native American community and considered by many to be an attack on tribal sovereig...