Congress likely to ‘push down’ the priority of killing DOL fiduciary rule

September 8, 2017 by Greg Iacurci

A main congressional opponent of the Department of Labor’s fiduciary rule said Thursday that Capitol Hill’s swelling political agenda will decrease the priority level of taking up legislation to kill the rule.

“Right now, you’ve got a debt-ceiling vote coming up, a hurricane bearing down on us, … health care that hasn’t been done [and] tax reform … [The fiduciary rule] will get pushed down,” Rep. Phil Roe, R-Tenn., a member of the House of Representatives’ subcommittee on Health, Employment, Labor and Pensions, said.

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Originally Posted at InvestmentNews on September 7, 2017 by Greg Iacurci.