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House Members Move to Block Fiduciary Rule, Preserve Access to Affordable Retirement Advice
Committee on Education and the Workforce, U.S. House of Representatives
Apr. 19, 2016
"Rep. Phil Roe (R-TN), chairman of the Education and the Workforce Subcommittee on Health, Employment, Labor, and Pensions, along with Rep. Charles Boustany, chairman of the Ways and Means Subcommittee on Tax Policy, and Rep. Ann Wagner (R-MO), today introduced a resolution, under the Congressional Review Act, to block the [DOL's] (DOL) controversial rule restricting access to investment advice. Known as the 'fiduciary' rule, the rule will make it harder for low- and middle-income families to save for retirement and creates new obstacles for small business owners who want to offer employees options to save for retirement."
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