Warren Vows to Resurrect Obama-Era DOL Fiduciary Rule
October 8, 2019 by Melanie Waddell
Sen. Elizabeth Warren, D-Mass., vows to restore the Labor Department’s vacated fiduciary rule if she is elected president.
In a 14-page labor manifesto released Thursday, Warren states that as part of her plan to defend worker pensions and other retirement savings, she will restore the Labor Department’s fiduciary rule that was vacated by the U.S. Court of Appeals for the 5th Circuit “that the Trump administration delayed and failed to defend in court, so that brokers can’t cheat workers out of their retirement savings.”
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