The branch closest to the people has rejected Obamacare for financial planning.
Last week, Speaker Ryan signed the Protecting Access to Affordable Retirement Advice, which repeals the president’s harmful fiduciary rule. Reps. Roe, Boustany, and Wagner led this charge in the House.
This rule is another example of an Obama regulation that hurts the people it claims to protect—this time it’s folks saving for retirement and small business owners planning for the future.
Once again, the House and Senate used the Congressional Review Act to reject harmful executive branch regulations. It’s another way we’re working to restore the balance of powers and keep the executive in check.
The president will now have to face the people directly and either accept their will or force another unwanted, disastrous regulation upon them.