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Another retiree protection on the chopping block in the Trump Administration is the Department of Labor's "fiduciary rule." Scheduled to go into effect next April, the rule mandated that financial advisers offering retirement advice and products act in the best interest of investors. Backed by the powerful business lobbies The U.S. Chamber of Commerce, the securities and insurance industries, the anti-DOL forces have been suing to scrap the pro-investor rule. Trump and other Republicans had said they want to get rid of the DOL's signature firewall for retirees.
originally posted by: DAVID64
Same blog again? You are getting a lot of mileage outta that. Just spent a little time looking this guy up. He's anti Trump, anti GOP, anti gun......This is an OPINION piece.
The author is a Forbes contributor. The opinions expressed are those of the writer.
The sky really is falling for you guys, huh?
originally posted by: CB328
That was fast. Trump's not even in office yet and he wants to screw over seniors by getting rid of a rule that requires investors to serve seniors well instead of putting their retirement savings into funds with large fees. How ironic that Republicans are always indignantly denying that they want to bankrupt granny, but that's exactly what they always do when given the chance.
Another retiree protection on the chopping block in the Trump Administration is the Department of Labor's "fiduciary rule." Scheduled to go into effect next April, the rule mandated that financial advisers offering retirement advice and products act in the best interest of investors. Backed by the powerful business lobbies The U.S. Chamber of Commerce, the securities and insurance industries, the anti-DOL forces have been suing to scrap the pro-investor rule. Trump and other Republicans had said they want to get rid of the DOL's signature firewall for retirees.
originally posted by: Nickn3
Trump hasn't even taken office yet and the sky is falling. More news from the crybaby section. Give it a break.
Not all of us are Republican. I know I'm not
originally posted by: CB328
Isn't it funny how even when you quote Republicans saying they want to do something their fans here pretend it's a made up conspiracy. Talk about detached from reality.