Obama’s DOL “underestimated the negative effects of the rule,” says Chamber of Commerce official.
Further delay will create “uncertainty” that will be “really problematic,” the rule's architect, Phyllis Borzi, said at the fi360 conference.
Acosta “is still looking for a solution that could be implemented in final form before June 9,” says ERISA attorney Fred Reish.
The bipartisan bill changes federal bankruptcy rules to establish parity between student loan debt and other debt.
Groups press Clayton to prioritize a uniform fiduciary rule for financial experts.
'Republicans are eager to work with the President to end and replace the Dodd-Frank mistake,' Hensarling says.
A bipartisan group of lawmakers are working on a new bill to help credit unions and community banks compete.
DOL issues final rule to delay compliance date by 60 days, asks for comments on Trump memorandum.
In court filing, DOJ says OMB review of Labor’s draft fiduciary rule is "nearly complete."
DOL will move forward with the [delay] announcement as soon as possible after OMB clearance.