Democrats Promise to Defend Fiduciary Rule, Bolster Multiemployer Pension Plans

Democrats Promise to Defend Fiduciary Rule, Bolster Multiemployer Pension Plans

07/20/16

On June 22 Republican’s fell short in their effort to override President Barack Obama’s veto of resolution that would have blocked the rule from taking effect, but they haven’t given up the battle. A House Appropriations subcommittee approved spending legislation July 7 on party lines that would block a numberof Obama administration labor initiatives, including the fiduciary rule.

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