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    • DOL Nominee Stands Up to Sen. Warren on Fiduciary Rule

    March 22, 2017 by John Hilton

    Sen. Elizabeth Warren, D-Mass., tried unsuccessfully to get Labor secretary nominee Alexander Acosta to take a position on the department’s controversial fiduciary rule today.

    Warren pointedly asked whether Acosta would defy President Donald J. Trump’s Feb. 2 memorandum ordering the DOL to delay the fiduciary rule by 60 days.

    “There is an executive action that directs how the secretary will approach this rule,” a noncommittal Acosta replied.

    Click HERE to view the full story via INN; subscription required

    Originally Posted at InsuranceNewsNet on March 22, 2017 by John Hilton.

    Categories: Industry Articles
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