05/20/2014
https://www.congress.gov...
"The QRM amendment which Senator Hagan, myself, and Senator Landrieu wrote, is very specific in what the theme of the requirements shall be in terms of underwriting."
"I will give you the historical data."
"It merely provides participants with additional information so they can make informed choices about retirement."
"Our bill will increase financial literacy, promote increased savings, and encourage participants to think of their 401(k) balance as a vehicle for lifetime income."