Awaiting new Labor secretary, staff takes on larger role in fiduciary rule’s fate
February 16, 2017 by Mark Schoeff Jr.
Putting together a new cost-benefit analysis could be tricky for DOL staff, who spent the last six years working on a regulation that already was assessed and has been upheld by three court decisions so far.
In Washington, it is often said that personnel is policy. When it comes the Labor Department’s fiduciary rule, the lack of Trump administration appointees at the agency is adding to uncertainty surrounding the rule.Fast-food executive Andrew Puzder withdrew Wednesday as President Donald Trump’s nominee for Labor secretary less than 24 hours before his long-delayed hearing was to be held before the Senate Health, Education, Labor and Pensions Committee. Click HERE to read the full article via InvestmentNews; subscription required
Originally Posted on February 16, 2017 by Mark Schoeff Jr..
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