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Tag: fiduciary

Statement on President Trump's Executive Action on the Fiduciary Rule

February 03, 2017

President Trump’s action to delay the Obama administration’s fiduciary rule for further study is a wise one. This regulation is deeply flawed. It would significantly raise the cost of seeking financial advice, making it even harder for families to plan their future and save for retirement. It is essentially Obamacare for financial planning. Read More

The Real Obama Liberal Legacy: The Department of Labor’s Fiduciary and Overtime Rules

October 13, 2016

Here are two of the most devastating regulations, this time from the Department of Labor (DOL): the fiduciary rule and the overtime rule. These are two heavy-handed rules that actually hurt the very people they claim to protect. Read More

REJECTED: Obamacare for Financial Planning

May 31, 2016

The branch closest to the people has rejected Obamacare for financial planning. Read More

The House Rejects Obamacare for Financial Planning

April 28, 2016

Bureaucrats in Washington, D.C. have no business getting between you and your financial planner. But that’s what the Obama administration’s fiduciary rule does. It’s Obamacare for financial planning. That’s why the House has rejected the onerous rule under the Congressional Review Act. Read More

Statement on Release of Fiduciary Rule

April 06, 2016

"Saving for the future is daunting enough without Washington trying to make it harder. That’s why House Republicans, led by Phil Roe, Peter Roskam, and Ann Wagner, have held the Obama administration accountable throughout the fiduciary rule process. While it is clear that public and congressional scrutiny are making a difference, we will continue to look at every avenue to protect middle-class families and small businesses from government overreach." Read More