Political Quotes

“Mr. Speaker, earlier this month, President Donald Trump released a Presidential memorandum on the fiduciary duty rule, and I am grateful that President Trump has directed the Labor Secretary to thoroughly study this destructive rule. Under the Obama administration, the Department of Labor released an incomprehensible fiduciary rule that increased the cost of financial planning, reducing retirement advice for American families and destroying jobs. Families all over America are struggling to save for their retirement, and I applaud the President's swift action to study the harmful effects of this rule. I am confident the study will result in a delay or revision of this ridiculous regulation of 1,023 pages to define a profession. I will continue to advance legislation calling for a delay of 2 years to give Congress and the administration time to reassess the regulation. I appreciate the positive insight of the National Association of Insurance and Financial Advisers who promoted reforms for hardworking American families saving for retirement, and creating jobs. In conclusion, God bless our troops, and may we never forget September the 11th in the global war on terrorism. ____________________”