House committee votes to prohibit DOL spending on fiduciary rule
July 16, 2024 by Staff Reports
A House committee today approved a budget rider today that would prevent the Department of Labor from spending any funds to implement its fiduciary rule.
The House Appropriations Committee voted 31-25 to send the Fiscal Year 2025 Labor, Health and Human Services, Education, and Related Agencies bill to the House floor. The bill is expected to receive a full House vote in the coming weeks, sources said.
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Originally Posted at InsuranceNewsNet on July 10, 2024 by Staff Reports.
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