New DOL Fiduciary Rule Will Face Lawsuit, Former Treasury Official Says

November 14, 2023 by Melanie Waddell

The Labor Department’s new fiduciary rule will face a lawsuit, according to Ben Harris, director of the Retirement Security Project at Brookings in Washington.

“I think it’s virtually sure that you’ll see a lawsuit filed against it,” Harris, who previously served as assistant secretary for economic policy and chief economist at the Treasury, said during a recent Brookings podcast.

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Originally Posted at Think Advisor on November 7, 2023 by Melanie Waddell.